Free Daily Analysis
Mutual Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
Franklin Michigan Tax-Free Income Fd Cl Adv (NASDAQ:FMTFX)
Long-Term Downtrend (-90) - FMTFX is in a strong downtrend that is likely to continue. While FMTFX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FMTFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FMTFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for FMTFX
The long-term trend has been DOWN since Apr 2nd, 2024 at 10.46
The intermediate-term trend has been DOWN since Mar 26th, 2024 at 10.54
The short-term trend has been DOWN since Apr 10th, 2024 at 10.40
Smart Scan Analysis for FMTFX
Based on our trend formula, FMTFX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.42 | 10.42 | 10.42 | 10.39 | -0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.38 | 0 | 10.39 | 10.39 | 2024-04-16 20:00:00 |
| 52wk High | 10.62 | 52wk High Date | 2024-02-01 |
| 52wk Low | 9.76 | 52wk Low Date | 2023-10-30 |
| Year End Close | 10.61 | Payment Date | 2023-08-31 |