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Mutual Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Franklin High Income Fund Class R (NASDAQ:FHIRX)
Crossroads (+60) - FHIRX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FHIRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FHIRX.
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 FHIRX
The long-term trend has been UP since Nov 29th, 2023 at 1.70
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 1.77
The short-term trend has been DOWN since Apr 15th, 2024 at 1.76
Smart Scan Analysis for FHIRX
Based on our trend formula, FHIRX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.75 | 1.75 | 1.75 | 1.76 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.75 | 0 | 1.76 | 1.76 | 2024-04-23 20:00:00 |
| 52wk High | 1.77 | 52wk High Date | 2024-04-09 |
| 52wk Low | 1.64 | 52wk Low Date | 2023-10-31 |
| Year End Close | 1.76 | Payment Date | 2021-04-30 |