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Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
FRANKLIN FEDERAL TAX-FREE INCOME FUND CLASS R6 (NASDAQ:FFTQX)
Strong Downtrend (-100) - FFTQX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FFTQX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FFTQX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FFTQX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FFTQX
The long-term trend has been DOWN since Apr 8th, 2024 at 10.74
The intermediate-term trend has been DOWN since Mar 26th, 2024 at 10.85
The short-term trend has been DOWN since Mar 14th, 2024 at 10.89
Smart Scan Analysis for FFTQX
Based on our trend formula, FFTQX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.70 | 10.70 | 10.70 | 10.66 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.66 | 0 | 10.70 | 10.70 | 2024-04-23 18:25:00 |
| 52wk High | 10.91 | 52wk High Date | 2024-02-01 |
| 52wk Low | 9.92 | 52wk Low Date | 2023-10-30 |
| Year End Close | 10.88 | Payment Date | 2023-08-31 |