Mutual Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
FRANKLIN NEW YORK TAX-FREE INCOME FUND CLASS A1 (NASDAQ:FNYTX)
Strong Uptrend (+100) - FNYTX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, FNYTX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid FNYTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FNYTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FNYTX
The long-term trend has been UP since Jan 23rd, 2020 at 11.29
The intermediate-term trend has been UP since Nov 26th, 2019 at 11.17
The short-term trend has been UP since Feb 10th, 2020 at 11.33
Smart Scan Analysis for FNYTX
Based on our trend formula, FNYTX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.42||52wk High Date||2020-02-21|
|52wk Low||10.77||52wk Low Date||2019-03-01|
|Year End Close||11.17||Payment Date||2019-11-29|