Mutual Trend Analysis Report
Prepared for you on Tuesday, August 3, 2021.
Franklin Managed Income Fund R6 (NASDAQ:FBFRX)
Long-Term Uptrend (+90) - FBFRX is in a strong uptrend that is likely to continue. While FBFRX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid FBFRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FBFRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FBFRX
The long-term trend has been UP since Jun 8th, 2020 at 12.27
The intermediate-term trend has been UP since Jul 29th, 2021 at 13.79
The short-term trend has been UP since Jul 21st, 2021 at 13.66
Smart Scan Analysis for FBFRX
Based on our trend formula, FBFRX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||13.82||52wk High Date||2021-06-11|
|52wk Low||11.72||52wk Low Date||2020-10-28|
|Year End Close||12.7||Payment Date||2020-06-15|