Free Daily Analysis

Mutual Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Franklin Floating Rate Daily Access Fund Advisor Class (NASDAQ:FDAAX)

Weak Downtrend (-65) - FDAAX is showing signs of a strengthening downtrend. Monitor FDAAX as it may be building momentum to the downside.

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
7.79 7.79 7.79 7.79 0.00
Entry Signal

MarketClub’s Trade Triangles for FDAAX

long term up The long-term trend has been UP since Jan 10th, 2023 at 7.40

intermediate term down The intermediate-term trend has been DOWN since Apr 5th, 2024 at 7.83

short term down The short-term trend has been DOWN since Mar 26th, 2024 at 7.85

Smart Scan Analysis for FDAAX

Based on our trend formula, FDAAX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for FDAAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.79 7.79 7.79 7.79 0.00
Prev. Close Volume Bid Ask Time
7.79 0 7.79 7.79 2024-04-18 20:00:00
52wk High7.8552wk High Date2024-03-25
52wk Low7.4552wk Low Date2023-06-01
Year End Close7.75Payment Date2023-08-31
Get a free daily analysis and signals for Franklin Floating Rate Daily Access Fund Advisor Class (FDAAX) - Request Your Free Report.