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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.

NASDAQ_FREIX
Open High Low FREIX Price Change
29.15 29.15 29.15 29.22 +0.07
Entry Signal

MarketClub’s Trade Triangles for FREIX

long term down The long-term trend has been DOWN since Dec 20th, 2021 at 30.98

intermediate term up The intermediate-term trend has been UP since Jan 11th, 2023 at 28.60

short term up 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).

+60
Smart Scan Analysis for FREIX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.15 29.15 29.15 29.22 +0.07
Prev. Close Volume Bid Ask Time
29.22 0 29.22 29.22 2023-02-02 17:49:20
52wk High31.852wk High Date2022-02-09
52wk Low25.7452wk Low Date2022-09-30
Year End Close28.1Payment Date2020-03-16
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