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Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
FRANKLIN EQUITY INCOME FUND CLASS R6 (NASDAQ:FEIQX)
Bull Market Weakness (+75) - FEIQX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FEIQX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FEIQX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FEIQX.
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 FEIQX
The long-term trend has been UP since Dec 13th, 2023 at 29.41
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 31.06
The short-term trend has been UP since Apr 19th, 2024 at 30.49
Smart Scan Analysis for FEIQX
Based on our trend formula, FEIQX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 31.28 | 31.28 | 31.28 | 31.44 | +0.09 |
| Prev. Close | Volume | Bid | Ask | Time |
| 31.37 | 0 | 31.37 | 31.37 | 2024-04-24 18:45:00 |
| 52wk High | 31.66 | 52wk High Date | 2024-03-28 |
| 52wk Low | 26.34 | 52wk Low Date | 2023-10-27 |
| Year End Close | 29.4 | Payment Date | 2023-03-20 |