Mutual Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
FRANKLIN STRATEGIC MORTGAGE PORTFOLIO CLASS A (NASDAQ:FSMFX)
Long-Term Downtrend (-90) - FSMFX is in a strong downtrend that is likely to continue. While FSMFX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FSMFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FSMFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FSMFX
The long-term trend has been DOWN since Sep 27th, 2021 at 9.14
The intermediate-term trend has been DOWN since Nov 15th, 2021 at 9.07
The short-term trend has been DOWN since Nov 22nd, 2021 at 9.06
Smart Scan Analysis for FSMFX
Based on our trend formula, FSMFX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.33||52wk High Date||2021-01-04|
|52wk Low||9.02||52wk Low Date||2021-11-24|
|Year End Close||9.31||Payment Date||2020-05-29|