Mutual Trend Analysis Report
Prepared for you on Thursday, December 12, 2019.
FRANKLIN BALANCE SHEET INVESTMENT FUND - CLASS C (NASDAQ:FCBSX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for FCBSX
The long term trend has been UP since Jul 15th, 2019 at 32.66
The intermediate term trend has been DOWN since Dec 3rd, 2019 at 33.66
The short term trend has been UP since Dec 6th, 2019 at 33.89
Smart Scan Analysis for FCBSX
Based on a pre-defined weighted trend formula for chart analysis, FCBSX scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||34.59||52wk High Date||2018-12-12|
|52wk Low||26.99||52wk Low Date||2018-12-24|
|Year End Close||28.3||Payment Date||2018-12-19|