Mutual Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
FRANKLIN INDIA GROWTH FUND CL R6 (NASDAQ:FIGEX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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.
MarketClub’s Trade Triangles for FIGEX
The long term trend has been DOWN since Feb 5th, 2018 at 15.83
The intermediate term trend has been UP since Nov 2nd, 2018 at 12.82
The short term trend has been UP since Nov 14th, 2018 at 13.18
Smart Scan Analysis for FIGEX
Based on a pre-defined weighted trend formula for chart analysis, FIGEX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||17.08||52wk High Date||2018-01-23|
|52wk Low||12.31||52wk Low Date||2018-10-09|
|Year End Close||16.52||Payment Date||2017-12-19|