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Mutual Trend Analysis Report
Prepared for you on Wednesday, April 17, 2024.
FRANKLIN MANAGED INCOME FUND R6 (NASDAQ:FBFRX)
Strong Downtrend (-100) - FBFRX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FBFRX continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for FBFRX
The long-term trend has been DOWN since Apr 15th, 2024 at 12.18
The intermediate-term trend has been DOWN since Apr 5th, 2024 at 12.39
The short-term trend has been DOWN since Apr 10th, 2024 at 12.38
Smart Scan Analysis for FBFRX
Based on our trend formula, FBFRX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.15 | 12.15 | 12.15 | 12.16 | -0.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.15 | 0 | 12.10 | 12.10 | 2024-04-16 20:00:00 |
| 52wk High | 12.55 | 52wk High Date | 2024-03-28 |
| 52wk Low | 11.24 | 52wk Low Date | 2023-10-27 |
| Year End Close | 12.48 | Payment Date | 2021-01-15 |