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Mutual Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

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

Sidelines Mode (+55) - FRHIX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
8.86 8.86 8.86 8.87 +0.01
Entry Signal

MarketClub’s Trade Triangles for FRHIX

long term up The long-term trend has been UP since Dec 5th, 2023 at 8.56

intermediate term up The intermediate-term trend has been UP since Feb 1st, 2024 at 8.82

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 8.89

Smart Scan Analysis for FRHIX

Based on our trend formula, FRHIX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for FRHIX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.86 8.86 8.86 8.87 +0.01
Prev. Close Volume Bid Ask Time
8.86 0 8.87 9.22 2024-03-27 20:00:00
52wk High9.2552wk High Date2024-03-13
52wk Low8.0252wk Low Date2023-10-31
Year End Close8.79Payment Date2024-03-28
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