Mutual Trend Analysis Report
Prepared for you on Monday, June 21, 2021.
FRANKLIN CALIFORNIA TAX-FREE INCOME FUND - ADVISOR CLASS (NASDAQ:FCAVX)
Bull Market Weakness (+75) - FCAVX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FCAVX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FCAVX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FCAVX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FCAVX
The long-term trend has been UP since Dec 2nd, 2020 at 7.77
The intermediate-term trend has been UP since Apr 8th, 2021 at 7.72
The short-term trend has been DOWN since Jun 17th, 2021 at 7.85
Smart Scan Analysis for FCAVX
Based on our trend formula, FCAVX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7.89||52wk High Date||2021-02-12|
|52wk Low||7.62||52wk Low Date||2020-10-27|
|Year End Close||7.8||Payment Date||2020-05-29|