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Mutual Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Franklin High Yield Tax-Free Income Fund Class R6 (NASDAQ:FHYRX)

Crossroads (-60) - FHYRX 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 FHYRX?

MarketClub looks at technical strength and momentum to determine if the timing is right for FHYRX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_FHYRX
Open High Low FHYRX Price Change
8.79 8.79 8.79 8.77 +0.02
Entry Signal

MarketClub’s Trade Triangles for FHYRX

long term up The long-term trend has been UP since Dec 5th, 2023 at 8.60

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 8.90

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 8.94

Smart Scan Analysis for FHYRX

Based on our trend formula, FHYRX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for FHYRX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.79 8.79 8.79 8.77 +0.02
Prev. Close Volume Bid Ask Time
8.77 0 8.81 8.81 2024-04-12 20:00:00
52wk High8.9552wk High Date2024-03-13
52wk Low8.0652wk Low Date2023-10-31
Year End Close8.84Payment Date2023-08-31
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