Mutual Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
FRANKLIN US GOVT SEC FUND CL R6 (NASDAQ:FGORX)
Long-Term Downtrend (-90) - FGORX is in a strong downtrend that is likely to continue. While FGORX 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 FGORX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FGORX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FGORX
The long-term trend has been DOWN since Jul 8th, 2020 at 6.17
The intermediate-term trend has been DOWN since Apr 30th, 2021 at 6.02
The short-term trend has been DOWN since Nov 10th, 2021 at 5.90
Smart Scan Analysis for FGORX
Based on our trend formula, FGORX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||6.12||52wk High Date||2020-11-30|
|52wk Low||5.86||52wk Low Date||2021-11-24|
|Year End Close||6.11||Payment Date||2020-05-29|