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Mutual Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
FRANKLIN HIGH YIELD TAX-FREE INCOME FUND CLASS A1 (NASDAQ:FRHIX)
Crossroads (-60) - FRHIX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FRHIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FRHIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FRHIX
The long-term trend has been UP since Dec 5th, 2023 at 8.56
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 8.86
The short-term trend has been DOWN since Mar 14th, 2024 at 8.89
Smart Scan Analysis for FRHIX
Based on our trend formula, FRHIX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.75 | 8.75 | 8.75 | 8.73 | -0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.72 | 0 | 8.73 | 9.07 | 2024-04-16 20:00:00 |
| 52wk High | 8.9 | 52wk High Date | 2024-03-12 |
| 52wk Low | 8.02 | 52wk Low Date | 2023-10-31 |
| Year End Close | 8.79 | Payment Date | 2023-08-31 |