Mutual Trend Analysis Report
Prepared for you on Monday, August 3, 2020.
FRANKLIN TEMPLETON COREFOLIO ALLOCATION FUND CLASS A (NASDAQ:FTCOX)
Bull Market Weakness (+75) - FTCOX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FTCOX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FTCOX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FTCOX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FTCOX
The long-term trend has been UP since Jun 5th, 2020 at 19.34
The intermediate-term trend has been UP since Jul 20th, 2020 at 19.11
The short-term trend has been DOWN since Jul 23rd, 2020 at 19.28
Smart Scan Analysis for FTCOX
Based on our trend formula, FTCOX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||20.91||52wk High Date||2020-02-12|
|52wk Low||14.06||52wk Low Date||2020-03-23|
|Year End Close||20.04||Payment Date||2019-12-31|