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Mutual Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
FRANKLIN NY TAX FREE INCOME FUND CLASS C (NASDAQ:FNYIX)
Long-Term Downtrend (-90) - FNYIX is in a strong downtrend that is likely to continue. While FNYIX 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 FNYIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FNYIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FNYIX
The long-term trend has been DOWN since Apr 2nd, 2024 at 9.92
The intermediate-term trend has been DOWN since Mar 26th, 2024 at 10.01
The short-term trend has been DOWN since Mar 14th, 2024 at 10.06
Smart Scan Analysis for FNYIX
Based on our trend formula, FNYIX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.88 | 9.88 | 9.88 | 9.87 | +0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.87 | 0 | 9.91 | 9.91 | 2024-04-12 20:00:00 |
| 52wk High | 10.08 | 52wk High Date | 2024-02-01 |
| 52wk Low | 9.16 | 52wk Low Date | 2023-10-31 |
| Year End Close | 10.06 | Payment Date | 2023-08-31 |