Mutual Trend Analysis Report
Prepared for you on Sunday, January 24, 2021.
FRANKLIN HIGH INCOME FUND CLASS A1 (NASDAQ:FHAIX)
Long-Term Uptrend (+90) - FHAIX is in a strong uptrend that is likely to continue. While FHAIX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid FHAIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FHAIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FHAIX
The long-term trend has been UP since Jul 21st, 2020 at 1.79
The intermediate-term trend has been UP since Nov 5th, 2020 at 1.83
The short-term trend has been UP since Dec 28th, 2020 at 1.88
Smart Scan Analysis for FHAIX
Based on our trend formula, FHAIX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.89||52wk High Date||2020-12-28|
|52wk Low||1.49||52wk Low Date||2020-03-23|
|Year End Close||1.88||Payment Date||2020-05-29|