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Mutual Trend Analysis Report

Prepared for you on Saturday, September 22, 2018.

FRANKLIN MICHIGAN TAX-FREE INCOME FUND CL ADV (NASDAQ:FMTFX)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_FMTFX
Open High Low FMTFX Price Change
11.16 11.16 11.16 11.16 0.00
Entry Signal

MarketClub’s Trade Triangles for FMTFX

long term down The long term trend has been DOWN since Nov 22nd, 2017 at 11.46

intermediate term down The intermediate term trend has been DOWN since Jul 26th, 2018 at 11.29

short term down The short term trend has been DOWN since Aug 28th, 2018 at 11.28

Smart Scan Analysis for FMTFX

Based on a pre-defined weighted trend formula for chart analysis, FMTFX scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for FMTFX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.16 11.16 11.16 11.16 0.00
Prev. Close Volume Bid Ask Time
11.16 0 2018-09-22 00:00:00
52wk High11.5752wk High Date2017-12-06
52wk Low11.1652wk Low Date2018-09-19
Year End Close11.51Payment Date2018-08-31
Want to analyze FRANKLIN MICHIGAN TAX-FREE INCOME FUND CL ADV FMTFX or another symbol? Try our Free Mutual Trend Analysis Report.