Mutual Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
FRANKLIN NATURAL RESOURCES FUND CL A (NASDAQ:FRNRX)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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.
MarketClub’s Trade Triangles for FRNRX
The long term trend has been UP since Sep 20th, 2017 at 24.71
The intermediate term trend has been DOWN since Jan 30th, 2018 at 28.09
The short term trend has been DOWN since Mar 27th, 2018 at 25.65
Smart Scan Analysis for FRNRX
Based on a pre-defined weighted trend formula for chart analysis, FRNRX scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||29.05||52wk High Date||2018-01-12|
|52wk Low||22.63||52wk Low Date||2017-08-17|
|Year End Close||26.98||Payment Date||2017-12-19|