Index Trend Analysis Report
Prepared for you on Tuesday, October 27, 2020.
Franklin Liberty Intermediate Municipal Opportunities ETF (GIF:FLMI)
Crossroads (-60) - FLMI is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FLMI?
MarketClub looks at technical strength and momentum to determine if the timing is right for FLMI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FLMI
The long-term trend has been UP since Jul 7th, 2020 at 25.322
The intermediate-term trend has been DOWN since Oct 1st, 2020 at 25.612
The short-term trend has been DOWN since Oct 20th, 2020 at 25.575
Smart Scan Analysis for FLMI
Based on our trend formula, FLMI is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).