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Mutual Trend Analysis Report

Prepared for you on Thursday, November 23, 2017.

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

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

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
10.29 10.29 10.29 10.29 -0.02
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 Jun 28th, 2017 at 10.41

short term up The short term trend has been UP since Aug 18th, 2017 at 10.38

Smart Scan Analysis for FCTIX

Based on a pre-defined weighted trend formula for chart analysis, FCTIX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for FCTIX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.29 10.29 10.29 10.29 -0.02
Prev. Close Volume Bid Ask Time
10.29 2017-11-23 00:00:00
52wk High10.5452wk High Date2017-01-12
52wk Low10.2952wk Low Date2017-11-22
Year End Close10.47Payment Date2017-10-31
Want to analyze FRANKLIN CONNETICUT TAX-FREE INCOME FUND CL C FCTIX or another symbol? Try our Free Mutual Trend Analysis Report.