Analyze Symbol

Mutual Trend Analysis Report

Prepared for you on Friday, November 17, 2017.

FRANKLIN MARYLAND TAX-FREE INCOME FUND CL A (NASDAQ:FMDTX)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

NASDAQ_FMDTX
Open High Low FMDTX Price Change
10.96 10.96 10.96 10.96 -0.01
Entry Signal

MarketClub’s Trade Triangles for FMDTX

long term down The long term trend has been DOWN since Oct 5th, 2016 at 11.48

intermediate term down The intermediate term trend has been DOWN since Jun 28th, 2017 at 11.07

short term up The short term trend has been UP since Aug 21st, 2017 at 11.03

Smart Scan Analysis for FMDTX

Based on a pre-defined weighted trend formula for chart analysis, FMDTX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for FMDTX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.96 10.96 10.96 10.96 -0.01
Prev. Close Volume Bid Ask Time
10.96 2017-11-17 00:00:00
52wk High11.1752wk High Date2016-11-17
52wk Low10.9252wk Low Date2017-10-04
Year End Close11.01Payment Date2017-10-31
Want to analyze FRANKLIN MARYLAND TAX-FREE INCOME FUND CL A FMDTX or another symbol? Try our Free Mutual Trend Analysis Report.