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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.

NASDAQ_FBFRX
Open High Low FBFRX Price Change
13.78 13.78 13.78 13.77 -0.01
Entry Signal

MarketClub’s Trade Triangles for FBFRX

long term up The long-term trend has been UP since Jun 8th, 2020 at 12.27

intermediate term up The intermediate-term trend has been UP since Jul 29th, 2021 at 13.79

short term up 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).

+90
Smart Scan Analysis for FBFRX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.78 13.78 13.78 13.77 -0.01
Prev. Close Volume Bid Ask Time
13.78 0 13.77 13.77 2021-08-02 20:00:00
52wk High13.8252wk High Date2021-06-11
52wk Low11.7252wk Low Date2020-10-28
Year End Close12.7Payment Date2020-06-15
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