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Mutual Trend Analysis Report

Prepared for you on Friday, May 27, 2022.

FRANKLIN FLOATING RATE DAILY ACCESS FUND ADVISOR CLASS (NASDAQ:FDAAX)

Long-Term Downtrend (-90) - FDAAX is in a strong downtrend that is likely to continue. While FDAAX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid FDAAX?

MarketClub looks at technical strength and momentum to determine if the timing is right for FDAAX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_FDAAX
Open High Low FDAAX Price Change
7.59 7.59 7.59 7.59 -0.02
Entry Signal

MarketClub’s Trade Triangles for FDAAX

long term down The long-term trend has been DOWN since Mar 14th, 2022 at 7.80

intermediate term down The intermediate-term trend has been DOWN since Apr 25th, 2022 at 7.87

short term down The short-term trend has been DOWN since May 19th, 2022 at 7.64

Smart Scan Analysis for FDAAX

Based on our trend formula, FDAAX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for FDAAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.59 7.59 7.59 7.59 -0.02
Prev. Close Volume Bid Ask Time
7.56 0 7.57 7.57 2022-05-24 20:00:00
52wk High7.9252wk High Date2022-01-20
52wk Low7.5652wk Low Date2022-05-25
Year End Close7.87Payment Date2022-02-28
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