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Mutual Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
FRANKLIN U.S. GOVERNMENT MONEY FUND CLASS R6 (NASDAQ:FRRXX)
Sidelines Mode (+50) - FRRXX is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until FRRXX can gain momentum.
Is it time to buy, sell, or avoid FRRXX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FRRXX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FRRXX
The long-term trend has been DOWN since Jan 29th, 2024 at 4.89
The intermediate-term trend has been UP since Apr 9th, 2024 at 4.88
The short-term trend has been UP since Mar 22nd, 2024 at 4.86
Smart Scan Analysis for FRRXX
Based on our trend formula, FRRXX is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0 | 4.9 | 4.9 | 1.0 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0 | 0 | 24.0 | 2024-04-23 20:00:00 |
| 52wk High | 5.07 | 52wk High Date | 2023-08-25 |
| 52wk Low | 4.34 | 52wk Low Date | 2023-04-25 |
| Average Volume | 24 | Payment Date | 2024-04-24 |