Mutual Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
FRANKLIN NEW JERSEY TAX-FREE INCOME FUND CLASS C (NASDAQ:FNIIX)
Sidelines Mode (+55) - FNIIX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FNIIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FNIIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FNIIX
The long-term trend has been UP since Jul 6th, 2020 at 11.42
The intermediate-term trend has been UP since May 26th, 2021 at 11.79
The short-term trend has been DOWN since Jul 22nd, 2021 at 11.91
Smart Scan Analysis for FNIIX
Based on our trend formula, FNIIX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.91||52wk High Date||2021-07-19|
|52wk Low||11.44||52wk Low Date||2020-10-23|
|Year End Close||11.75||Payment Date||2021-07-30|