Mutual Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
FRANKLIN K2 ALTERNATIVE STRATEGIES FUND CL A (NASDAQ:FAAAX)
Bull Market Weakness (+75) - FAAAX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FAAAX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FAAAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FAAAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FAAAX
The long-term trend has been DOWN since Feb 27th, 2020 at 11.46
The intermediate-term trend has been UP since Apr 9th, 2020 at 10.76
The short-term trend has been UP since Apr 6th, 2020 at 10.65
Smart Scan Analysis for FAAAX
Based on our trend formula, FAAAX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.64||52wk High Date||2020-02-20|
|52wk Low||10.4||52wk Low Date||2020-03-23|
|Year End Close||11.5||Payment Date||2017-12-29|