Mutual Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
FRANKLIN CALIFORNIA TAX-FREE INCOME FUND CLASS A (NASDAQ:FTFQX)
Strong Uptrend (+100) - FTFQX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, FTFQX 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 FTFQX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FTFQX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FTFQX
The long-term trend has been UP since Dec 3rd, 2020 at 7.80
The intermediate-term trend has been UP since Apr 8th, 2021 at 7.74
The short-term trend has been UP since May 4th, 2021 at 7.79
Smart Scan Analysis for FTFQX
Based on our trend formula, FTFQX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.23||52wk High Date||2021-02-12|
|52wk Low||7.43||52wk Low Date||2020-05-05|
|Year End Close||7.83||Payment Date||2020-05-29|