Mutual Trend Analysis Report
Prepared for you on Monday, October 21, 2019.
Franklin K2 Alternative Strategies Fund Cl A (NASDAQ:FAAAX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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.
MarketClub’s Trade Triangles for FAAAX
The long term trend has been DOWN since Oct 1st, 2019 at 11.44
The intermediate term trend has been DOWN since Sep 24th, 2019 at 11.49
The short term trend has been UP since Oct 11th, 2019 at 11.42
Smart Scan Analysis for FAAAX
Based on a pre-defined weighted trend formula for chart analysis, FAAAX scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||12.23000000||52wk High Date||2019-07-03|
|52wk Low||10.72000000||52wk Low Date||2019-01-03|
|Year End Close||10.80000000||Payment Date||2017-12-29|