Free Daily Analysis

Mutual Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

FRANKLIN NEW YORK TAX-FREE INCOME FUND CLASS A1 (NASDAQ:FNYTX)

Strong Downtrend (-100) - FNYTX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FNYTX continues to fall. Traders should use caution and set stops.

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.

NASDAQ_FNYTX
Open High Low FNYTX Price Change
9.88 9.88 9.88 9.88 +0.01
Entry Signal

MarketClub’s Trade Triangles for FNYTX

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 9.93

intermediate term down The intermediate-term trend has been DOWN since Mar 26th, 2024 at 10.02

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 10.07

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).

-100
Smart Scan Analysis for FNYTX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.88 9.88 9.88 9.88 +0.01
Prev. Close Volume Bid Ask Time
9.88 0 9.89 10.28 2024-04-11 18:05:00
52wk High10.4852wk High Date2024-02-01
52wk Low9.1752wk Low Date2023-10-31
Year End Close10.07Payment Date2023-08-31
Get a free daily analysis and signals for FRANKLIN NEW YORK TAX-FREE INCOME FUND CLASS A1 (FNYTX) - Request Your Free Report.