Mutual Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
FRANKLIN FLOATING RATE DAILY ACCESS FUND CLASS R6 (NASDAQ:FFRDX)
Bull Market Weakness (+75) - FFRDX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FFRDX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FFRDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FFRDX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FFRDX
The long-term trend has been UP since Jul 17th, 2020 at 7.41
The intermediate-term trend has been DOWN since Apr 5th, 2021 at 7.62
The short-term trend has been UP since Apr 9th, 2021 at 7.63
Smart Scan Analysis for FFRDX
Based on our trend formula, FFRDX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7.67||52wk High Date||2021-03-26|
|52wk Low||7.16||52wk Low Date||2020-05-06|
|Year End Close||7.54||Payment Date||2020-05-29|