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Mutual Trend Analysis Report

Prepared for you on Tuesday, May 7, 2024.

FRANKLIN OHIO INSURED TAX-FREE INCOME FUND CLASS C (NASDAQ:FOITX)

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

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

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

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

NASDAQ_FOITX
Open High Low FOITX Price Change
11.53 11.53 11.53 11.59 +0.02
Entry Signal

MarketClub’s Trade Triangles for FOITX

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 11.57

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 11.53

short term up The short-term trend has been UP since May 1st, 2024 at 11.47

Smart Scan Analysis for FOITX

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

+70
Smart Scan Analysis for FOITX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.53 11.53 11.53 11.59 +0.02
Prev. Close Volume Bid Ask Time
11.53 0 11.55 11.55 2024-05-06 18:45:00
52wk High11.7352wk High Date2023-12-27
52wk Low10.7652wk Low Date2023-10-30
Year End Close11.73Payment Date2023-08-31
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