Mutual Trend Analysis Report
Prepared for you on Monday, February 6, 2023.
FRANKLIN EQUITY INCOME FUND - CLASS R (NASDAQ:FREIX)
Crossroads (+60) - FREIX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FREIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FREIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FREIX
The long-term trend has been DOWN since Dec 20th, 2021 at 30.98
The intermediate-term trend has been UP since Jan 11th, 2023 at 28.60
The short-term trend has been UP since Feb 1st, 2023 at 28.98
Smart Scan Analysis for FREIX
Based on our trend formula, FREIX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||31.8||52wk High Date||2022-02-09|
|52wk Low||25.74||52wk Low Date||2022-09-30|
|Year End Close||28.1||Payment Date||2020-03-16|