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Mutual Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

FRANKLIN CONNETICUT TAX-FREE INCOME FUND CL C (NASDAQ:FCTIX)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_FCTIX
Open High Low FCTIX Price Change
10.03 10.03 10.03 10.03 -0.01
Entry Signal

MarketClub’s Trade Triangles for FCTIX

long term down The long term trend has been DOWN since Oct 4th, 2016 at 10.88

intermediate term down The intermediate term trend has been DOWN since Jul 26th, 2018 at 10.16

short term down The short term trend has been DOWN since Aug 27th, 2018 at 10.14

Smart Scan Analysis for FCTIX

Based on a pre-defined weighted trend formula for chart analysis, FCTIX scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for FCTIX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.03 10.03 10.03 10.03 -0.01
Prev. Close Volume Bid Ask Time
10.03 2018-09-24 00:00:00
52wk High10.3852wk High Date2017-10-17
52wk Low10.0452wk Low Date2018-09-19
Year End Close10.32Payment Date2018-08-31
Want to analyze FRANKLIN CONNETICUT TAX-FREE INCOME FUND CL C FCTIX or another symbol? Try our Free Mutual Trend Analysis Report.