Mutual Trend Analysis Report
Prepared for you on Tuesday, July 16, 2019.
FRANKLIN FEDERAL TAX-FREE INCOME FUND CLASS A1 (NASDAQ:FKTIX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for FKTIX
The long term trend has been UP since Jan 2nd, 2019 at 11.61
The intermediate term trend has been UP since Nov 29th, 2018 at 11.50
The short term trend has been UP since Jun 18th, 2019 at 11.92
Smart Scan Analysis for FKTIX
Based on a pre-defined weighted trend formula for chart analysis, FKTIX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk High Date||2019-05-16|
|52wk Low||11.41||52wk Low Date||2018-11-02|
|Year End Close||11.61||Payment Date||2019-01-07|