Mutual Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
FRANKLIN K2 LONG SHORT CREDIT FUND CLASS C (NASDAQ:FKLCX)
Bull Market Weakness (+75) - FKLCX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FKLCX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FKLCX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FKLCX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FKLCX
The long-term trend has been UP since Jul 2nd, 2020 at 10.10
The intermediate-term trend has been UP since Apr 8th, 2021 at 10.61
The short-term trend has been DOWN since Jun 16th, 2021 at 10.75
Smart Scan Analysis for FKLCX
Based on our trend formula, FKLCX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.75||52wk High Date||2021-06-15|
|52wk Low||10.07||52wk Low Date||2020-06-24|
|Year End Close||10.48||Payment Date||2017-12-29|