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Mutual Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

FRANKLIN CALIFORNIA TAX-FREE INCOME FUND CLASS R6 (NASDAQ:FKTQX)

Strong Downtrend (-100) - FKTQX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FKTQX continues to fall. Traders should use caution and set stops.

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

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

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

NASDAQ_FKTQX
Open High Low FKTQX Price Change
6.76 6.76 6.76 6.76 0.00
Entry Signal

MarketClub’s Trade Triangles for FKTQX

long term down The long-term trend has been DOWN since Apr 3rd, 2024 at 6.81

intermediate term down The intermediate-term trend has been DOWN since Mar 26th, 2024 at 6.87

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 6.90

Smart Scan Analysis for FKTQX

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

-100
Smart Scan Analysis for FKTQX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.76 6.76 6.76 6.76 0.00
Prev. Close Volume Bid Ask Time
6.76 0 6.76 6.76 2024-04-22 20:00:00
52wk High6.9252wk High Date2024-02-01
52wk Low6.3152wk Low Date2023-10-30
Year End Close6.91Payment Date2023-08-31
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