Free Daily Analysis
Mutual Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
FRANKLIN NATURAL RESOURCES FUND CLASS A (NASDAQ:FRNRX)
Bull Market Weakness (+75) - FRNRX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FRNRX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FRNRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FRNRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for FRNRX
The long-term trend has been UP since Mar 13th, 2024 at 29.57
The intermediate-term trend has been DOWN since Apr 30th, 2024 at 31.02
The short-term trend has been UP since May 3rd, 2024 at 30.97
Smart Scan Analysis for FRNRX
Based on our trend formula, FRNRX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 31.09 | 31.09 | 31.09 | 31.65 | +0.33 |
| Prev. Close | Volume | Bid | Ask | Time |
| 31.80 | 0 | 31.42 | 33.25 | 2024-05-06 18:45:00 |
| 52wk High | 32.37 | 52wk High Date | 2024-04-09 |
| 52wk Low | 25.78 | 52wk Low Date | 2023-05-31 |
| Year End Close | 28.83 | Payment Date | 2019-12-18 |