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.
MarketClub’s Trade Triangles for FRHIX
The long-term trend has been UP since Jul 7th, 2020 at 9.96
The intermediate-term trend has been UP since May 19th, 2020 at 9.67
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).
|52wk High||10.45||52wk High Date||2020-02-28|
|52wk Low||9.16||52wk Low Date||2020-03-20|
|Year End Close||10.17||Payment Date||2020-01-31|