Mutual Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
FRANKLIN NEW YORK INTERMEDIATE-TERM TAX-FREE INCOME FUND CLASS A (NASDAQ:FKNQX)
Bull Market Weakness (+75) - FKNQX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FKNQX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FKNQX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FKNQX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FKNQX
The long-term trend has been DOWN since Mar 12th, 2020 at 11.65
The intermediate-term trend has been UP since May 18th, 2020 at 11.44
The short-term trend has been UP since May 1st, 2020 at 11.28
Smart Scan Analysis for FKNQX
Based on our trend formula, FKNQX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.05||52wk High Date||2020-03-09|
|52wk Low||10.71||52wk Low Date||2020-03-20|
|Year End Close||11.67||Payment Date||2020-03-31|