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Stock Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
Franklin High Yield Corporate ETF (BATS:FLHY)
Bull Market Weakness (+75) - FLHY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FLHY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FLHY?
MarketClub looks at technical strength and momentum to determine if the timing is right for FLHY.
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 FLHY
The long-term trend has been DOWN since Oct 11th, 2021 at 26.24
The intermediate-term trend has been UP since Jul 19th, 2022 at 22.43
The short-term trend has been UP since Jul 15th, 2022 at 22.22
Smart Scan Analysis for FLHY
Based on our trend formula, FLHY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.2700 | 23.4000 | 23.2700 | 23.3794 | +0.3144 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.3794 | 17968 | 2022-08-10 15:55:01 |
| Year High | 25.47 | Year High Date | 2018-08-07 |
| Year Low | 24.4493 | Year Low Date | 2018-11-23 |
| 52wk High | 26.72 | 52wk High Date | 2021-09-23 |
| 52wk Low | 21.8 | 52wk Low Date | 2022-07-05 |
| Average Volume | 190,557 | Volatility | 6.6 |