Free Daily Analysis
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.
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MarketClub’s Trade Triangles for FDAAX
The long-term trend has been DOWN since Mar 14th, 2022 at 7.80
The intermediate-term trend has been DOWN since Apr 25th, 2022 at 7.87
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).
| 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 High | 7.92 | 52wk High Date | 2022-01-20 |
| 52wk Low | 7.56 | 52wk Low Date | 2022-05-25 |
| Year End Close | 7.87 | Payment Date | 2022-02-28 |