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Mutual Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
FRANKLIN FLOATING RATE DAILY ACCESS FUND CLASS R6 (NASDAQ:FFRDX)
Strong Uptrend (+100) - FFRDX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, FFRDX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
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MarketClub’s Trade Triangles for FFRDX
The long-term trend has been UP since Jan 10th, 2023 at 7.41
The intermediate-term trend has been UP since Nov 14th, 2023 at 7.68
The short-term trend has been UP since Dec 5th, 2023 at 7.69
Smart Scan Analysis for FFRDX
Based on our trend formula, FFRDX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.69 | 7.69 | 7.69 | 7.71 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.70 | 0 | 7.70 | 7.70 | 2023-12-05 18:05:00 |
| 52wk High | 7.73 | 52wk High Date | 2023-09-20 |
| 52wk Low | 7.33 | 52wk Low Date | 2022-12-29 |
| Year End Close | 7.34 | Payment Date | 2023-08-31 |