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Mutual Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
FRANKLIN CALIFORNIA TAX FREE INCOME FUND CLASS C (NASDAQ:FRCTX)
Sidelines Mode (-55) - FRCTX 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 FRCTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FRCTX.
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 FRCTX
The long-term trend has been DOWN since Apr 3rd, 2024 at 6.81
The intermediate-term trend has been DOWN since Mar 26th, 2024 at 6.86
The short-term trend has been UP since May 1st, 2024 at 6.74
Smart Scan Analysis for FRCTX
Based on our trend formula, FRCTX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.76 | 6.76 | 6.76 | 6.82 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.82 | 0 | 6.76 | 6.76 | 2024-05-02 18:09:44 |
| 52wk High | 6.91 | 52wk High Date | 2024-02-01 |
| 52wk Low | 6.31 | 52wk Low Date | 2023-10-30 |
| Year End Close | 6.9 | Payment Date | 2023-08-31 |