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Stock Trend Analysis Report

Prepared for you on Monday, April 22, 2024.

Franklin High Yield Corporate ETF (BATS:FLHY)

Bear Market Rally (-75) - FLHY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FLHY as it may be in the beginning 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.

BATS_FLHY
Open High Low FLHY Price Change
23.28 23.33 23.28 23.32 +0.07
Entry Signal

MarketClub’s Trade Triangles for FLHY

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 23.2500

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 23.4699

short term up The short-term trend has been UP since Apr 22nd, 2024 at 23.2900

Smart Scan Analysis for FLHY

Based on our trend formula, FLHY is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for FLHY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.28 23.33 23.28 23.32 +0.07
Prev. Close Volume Bid Ask Time
23.25 11555 2024-04-22 11:14:07
Year High25.47Year High Date2018-08-07
Year Low24.4493Year Low Date2018-11-23
52wk High23.7852wk High Date2024-03-28
52wk Low21.8652wk Low Date2023-10-23
Average Volume42,422Volatility6.6
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