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Mutual Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Franklin Michigan Insured Tax-Free Income Fund Cl C (NASDAQ:FRMTX)

Weak Downtrend (-65) - FRMTX is showing signs of a strengthening downtrend. Monitor FRMTX as it may be building momentum to the downside.

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

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

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

NASDAQ_FRMTX
Open High Low FRMTX Price Change
10.66 10.66 10.66 10.66 0.00
Entry Signal

MarketClub’s Trade Triangles for FRMTX

long term up The long-term trend has been UP since Dec 1st, 2023 at 10.49

intermediate term down The intermediate-term trend has been DOWN since Mar 26th, 2024 at 10.68

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 10.73

Smart Scan Analysis for FRMTX

Based on our trend formula, FRMTX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for FRMTX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.66 10.66 10.66 10.66 0.00
Prev. Close Volume Bid Ask Time
10.66 0 10.66 10.66 2024-03-27 17:26:23
52wk High10.7652wk High Date2024-02-01
52wk Low9.8852wk Low Date2023-10-30
Year End Close10.75Payment Date2024-03-28
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