Mutual Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
FRANKLIN BALANCED FUND CLASS A (NASDAQ:FBLAX)
Bull Market Weakness (+75) - FBLAX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FBLAX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FBLAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FBLAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FBLAX
The long-term trend has been DOWN since Jan 31st, 2020 at 12.52
The intermediate-term trend has been UP since Apr 6th, 2020 at 10.86
The short-term trend has been UP since May 18th, 2020 at 11.32
Smart Scan Analysis for FBLAX
Based on our trend formula, FBLAX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||13||52wk High Date||2019-12-12|
|52wk Low||9.88||52wk Low Date||2020-03-23|
|Year End Close||12.58||Payment Date||2020-02-18|