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.
MarketClub’s Trade Triangles for FREIX
The long-term trend has been UP since Aug 12th, 2020 at 25.15
The intermediate-term trend has been UP since Feb 8th, 2021 at 27.78
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).
|52wk High||31.21||52wk High Date||2021-06-04|
|52wk Low||22.71||52wk Low Date||2020-06-26|
|Year End Close||27.32||Payment Date||2020-06-15|