Taking everything into account, FTF scores 3 out of 10 in our technical rating. In the past year, FTF was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, FTF does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 6.18, a Stop Loss order could be placed below this zone.
5.90
2 important support areas can be observed.
We can see 3 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for FTF is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FTF is neutral. |
| ChartMill Relative Strength | 28.78 | NEGATIVE | FTF has a low relative strength, it was outperformed by 71.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FTF is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FTF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FTF is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.25 | NEUTRAL | The RSI value for FTF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FTF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.44 | NEUTRAL | The Stochastics value for FTF is a neutral value. |
| Average True Range in percent/ATR (20) | 0.66 | LOW VOLATILITY | The low ATR as a percentage value for FTF suggests low volalility. |
| Average Directional Index/ADX (14) | 22.84 | NEUTRAL | The ADX value for FTF suggests a possible start of a new trend. |
6.19
+0.01 (+0.16%)
ChartMill assigns a technical rating of 3 / 10 to FTF.
The current trend direction for FRANKLIN LTD DUR INC TR (FTF) is Bearish.
FRANKLIN LTD DUR INC TR (FTF) has an RSI value of 52.2487. This indicates that the stock is currently neutral.
The MACD indicator for FRANKLIN LTD DUR INC TR (FTF) has a value of -0.00780081, indicating a bearish trend.
The short term momentum for FRANKLIN LTD DUR INC TR (FTF) is neutral.