Mutual Trend Analysis Report
Prepared for you on Thursday, October 6, 2022.
FRANKLIN NEW YORK INTERMEDIATE-TERM TAX-FREE INCOME FUND CLASS A1 (NASDAQ:FKNIX)
Bear Market Rally (-75) - FKNIX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FKNIX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid FKNIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FKNIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FKNIX
The long-term trend has been DOWN since Sep 14th, 2022 at 10.52
The intermediate-term trend has been DOWN since Aug 17th, 2022 at 10.77
The short-term trend has been UP since Oct 3rd, 2022 at 10.26
Smart Scan Analysis for FKNIX
Based on our trend formula, FKNIX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.99||52wk High Date||2022-01-03|
|52wk Low||10.25||52wk Low Date||2022-09-30|
|Year End Close||11.72||Payment Date||2022-02-28|