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Mutual Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

FRANKLIN NEW YORK INTERMEDIATE-TERM TAX-FREE INCOME FUND CLASS A1 (NASDAQ:FKNIX)

Bull Market Weakness (+75) - FKNIX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FKNIX as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid FKNIX?

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

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

NASDAQ_FKNIX
Open High Low FKNIX Price Change
10.83 10.83 10.83 10.82 -0.01
Entry Signal

MarketClub’s Trade Triangles for FKNIX

long term up The long-term trend has been UP since Dec 1st, 2023 at 10.64

intermediate term up The intermediate-term trend has been UP since Feb 29th, 2024 at 10.82

short term up The short-term trend has been UP since Feb 23rd, 2024 at 10.81

Smart Scan Analysis for FKNIX

Based on our trend formula, FKNIX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for FKNIX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.83 10.83 10.83 10.82 -0.01
Prev. Close Volume Bid Ask Time
10.83 0 10.82 11.07 2024-03-18 20:00:00
52wk High11.1452wk High Date2023-12-28
52wk Low10.1752wk Low Date2023-10-31
Year End Close10.88Payment Date2023-08-31
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