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Mutual Trend Analysis Report

Prepared for you on Sunday, June 13, 2021.

FRANKLIN EQUITY INCOME FUND - CLASS R (NASDAQ:FREIX)

Countertrend Up (+85) - FREIX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
30.95 30.95 30.95 31.02 +0.03
Entry Signal

MarketClub’s Trade Triangles for FREIX

long term up The long-term trend has been UP since Aug 12th, 2020 at 25.15

intermediate term up The intermediate-term trend has been UP since Feb 8th, 2021 at 27.78

short term down The short-term trend has been DOWN since Jun 8th, 2021 at 31.09

Smart Scan Analysis for FREIX

Based on our trend formula, FREIX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for FREIX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.95 30.95 30.95 31.02 +0.03
Prev. Close Volume Bid Ask Time
30.98 0 30.98 30.98 2021-06-10 20:00:00
52wk High31.2152wk High Date2021-06-04
52wk Low22.7152wk Low Date2020-06-26
Year End Close27.32Payment Date2020-06-15
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