Mutual Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
FRANKLIN NORTH CAROLINA TAX-FREE INCOME FUND CLASS A1 (NASDAQ:FXNCX)
Bull Market Weakness (+75) - FXNCX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FXNCX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FXNCX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FXNCX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FXNCX
The long-term trend has been DOWN since Mar 12th, 2020 at 11.57
The intermediate-term trend has been UP since May 15th, 2020 at 11.54
The short-term trend has been UP since May 1st, 2020 at 11.38
Smart Scan Analysis for FXNCX
Based on our trend formula, FXNCX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.9||52wk High Date||2020-03-09|
|52wk Low||10.8||52wk Low Date||2020-03-20|
|Year End Close||11.58||Payment Date||2020-03-31|