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Mutual Trend Analysis Report

Prepared for you on Friday, May 10, 2024.

Franklin California Tax-Free Income Fund Class A1 (NASDAQ:FKTFX)

Weak Downtrend (-65) - FKTFX is showing signs of a strengthening downtrend. Monitor FKTFX as it may be building momentum to the downside.

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

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

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

NASDAQ_FKTFX
Open High Low FKTFX Price Change
6.74 6.74 6.74 6.83 0.00
Entry Signal

MarketClub’s Trade Triangles for FKTFX

long term down The long-term trend has been DOWN since Apr 3rd, 2024 at 6.82

intermediate term down The intermediate-term trend has been DOWN since Mar 26th, 2024 at 6.88

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 6.91

Smart Scan Analysis for FKTFX

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

-70
Smart Scan Analysis for FKTFX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.74 6.74 6.74 6.83 0.00
Prev. Close Volume Bid Ask Time
6.83 0 6.74 7.00 2024-04-26 20:00:00
52wk High7.1952wk High Date2024-02-01
52wk Low6.3252wk Low Date2023-10-30
Year End Close6.92Payment Date2023-08-31
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