Free Daily Analysis

Mutual Trend Analysis Report

Prepared for you on Friday, August 7, 2020.

FRANKLIN HIGH YIELD TAX-FREE INCOME FUND CLASS A1 (NASDAQ:FRHIX)

Strong Uptrend (+100) - FRHIX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, FRHIX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid FRHIX?

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

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

NASDAQ_FRHIX
Open High Low FRHIX Price Change
10.11 10.13 10.13 10.13 +0.02
Entry Signal

MarketClub’s Trade Triangles for FRHIX

long term up The long-term trend has been UP since Jul 7th, 2020 at 9.96

intermediate term up The intermediate-term trend has been UP since May 19th, 2020 at 9.67

short term up The short-term trend has been UP since May 1st, 2020 at 9.57

Smart Scan Analysis for FRHIX

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

+100
Smart Scan Analysis for FRHIX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.11 10.13 10.13 10.13 +0.02
Prev. Close Volume Bid Ask Time
10.15 0 10.13 10.52 2020-07-31 18:25:00
52wk High10.4552wk High Date2020-02-28
52wk Low9.1652wk Low Date2020-03-20
Year End Close10.17Payment Date2020-01-31
Get a free daily analysis and signals for FRANKLIN HIGH YIELD TAX-FREE INCOME FUND CLASS A1 (FRHIX) - Request Your Free Report.