FRANKLIN LTD DUR INC TR (FTF)

US35472T1016

6.75  0 (0%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to FTF. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FTF is only an average performer.

The long and short term trends are both positive. This is looking good!
FTF is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the performance of all stocks over the past year, FTF turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
In the last month FTF has a been trading in a tight range between 6.61 and 6.82.

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Weekly and Daily overview Charts
FTF Weekly chart
FTF Daily chart
Setup Rating and Analysis

8

Although the technical rating is only medium, FTF does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 6.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.74, a Stop Loss order could be placed below this zone.

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Support and Resistance Analysis

6.12

6.88

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 6.37 to 6.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 6.18 to 6.24. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 6.76 to 6.81. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.9
Mansfield-0.7
10 Day High6.82
10 Day Low6.66
20 Day High6.82
20 Day Low6.61
52 Week High6.82
52 Week Low5.76
Performance
1 Week0%
2 Weeks1.2%
1 Month0%
3 Month3.21%
6 Month10.11%
12 Month14.99%
2 Year10.29%
3 Year-25.5%
5 Year-27.5%
10 Year-45.78%
15 Year-38.47%

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Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)

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Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)57.13
LBB6.65
UBB6.78

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Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
6.826.650.17 (2.52%)25.00%
An entry @6.82. This is a Buy Stop order right above the resistance zone.An exit @6.65. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.17 points, which is 2.52%.For a 0.63% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.

More info and screens

FTF Daily chart

FRANKLIN LTD DUR INC TR

NYSEARCA:FTF (10/14/2024, 8:04:00 PM)

6.75

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0%
2 Weeks1.2%
1 Month0%
3 Month3.21%
6 Month10.11%
12 Month14.99%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.06
ATR(20)%0.96%
ATR Inc
Range Today0.04
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High6.82
10 Day Low6.66
20 Day High6.82
20 Day Low6.61
52 Week High6.82
52 Week Low5.76
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume221.60K
Volume Incr-6.2%
Vol(5)192.64K
Vol(50)215.38K