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Mutual Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

FRANKLIN NATURAL RESOURCES FUND CL A (NASDAQ:FRNRX)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

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_FRNRX
Open High Low FRNRX Price Change
22.53 22.53 22.53 22.53 -0.23
Entry Signal

MarketClub’s Trade Triangles for FRNRX

long term down The long term trend has been DOWN since Aug 13th, 2018 at 27.51

intermediate term down The intermediate term trend has been DOWN since Oct 18th, 2018 at 26.53

short term up The short term trend has been UP since Nov 26th, 2018 at 23.01

Smart Scan Analysis for FRNRX

Based on a pre-defined weighted trend formula for chart analysis, FRNRX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for FRNRX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.53 22.53 22.53 22.53 -0.23
Prev. Close Volume Bid Ask Time
22.53 2018-12-07 00:00:00
52wk High29.9252wk High Date2018-05-21
52wk Low23.0152wk Low Date2018-11-23
Year End Close26.98Payment Date2017-12-19
Want to analyze FRANKLIN NATURAL RESOURCES FUND CL A FRNRX or another symbol? Try our Free Mutual Trend Analysis Report.