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Mutual Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

FRANKLIN EQUITY INCOME FUND CLASS C (NASDAQ:FRETX)

Crossroads (+60) - FRETX 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 FRETX?

MarketClub looks at technical strength and momentum to determine if the timing is right for FRETX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_FRETX
Open High Low FRETX Price Change
30.21 30.21 30.21 31.07 -0.01
Entry Signal

MarketClub’s Trade Triangles for FRETX

long term up The long-term trend has been UP since Dec 13th, 2023 at 29.06

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 30.73

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 31.19

Smart Scan Analysis for FRETX

Based on our trend formula, FRETX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for FRETX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.21 30.21 30.21 31.07 -0.01
Prev. Close Volume Bid Ask Time
30.99 0 30.20 30.20 2024-04-18 18:25:00
52wk High31.3952wk High Date2024-03-28
52wk Low26.152wk Low Date2023-10-27
Year End Close29.15Payment Date2023-03-20
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