Mutual Trend Analysis Report
Prepared for you on Thursday, September 19, 2019.
FRANKLIN STRATEGIC BIOTECHNOLOGY DISCOVERY FUND CLASS A (NASDAQ:FBDIX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 FBDIX
The long term trend has been DOWN since May 13th, 2019 at 135.87
The intermediate term trend has been UP since Sep 16th, 2019 at 141.70
The short term trend has been UP since Sep 10th, 2019 at 137.52
Smart Scan Analysis for FBDIX
Based on a pre-defined weighted trend formula for chart analysis, FBDIX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||163.14||52wk High Date||2018-09-28|
|52wk Low||112.89||52wk Low Date||2018-12-24|
|Year End Close||122.38||Payment Date||2018-12-19|