FRANKLIN LTD DUR INC TR (FTF) Stock Technical Analysis
NYSEARCA:FTF - NYSE Arca - US35472T1016 - Currency: USD
We assign a technical rating of 3 out of 10 to FTF. FTF has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
FTF has a bad technical rating, but it does show a decent setup pattern. 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 6.47. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.41, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.02
When analyzing the support we can see 2 important areas.
- A support zone ranging from 6.32 to 6.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.08 to 6.18. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 6.47 to 6.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 6.61 to 6.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for FTF is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FTF is neutral. |
| ChartMill Relative Strength | 40.33 | NEUTRAL | FTF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FTF is above 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) | DOWN | NEGATIVE | The current price of FTF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.49 | NEUTRAL | The RSI value for FTF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FTF has a positive trend. |
| Stochastics (14,3) | 68.62 | NEUTRAL | The Stochastics value for FTF is a neutral value. |
| Average True Range in percent/ATR (20) | 0.78 | LOW VOLATILITY | The low ATR as a percentage value for FTF suggests low volalility. |
| Average Directional Index/ADX (14) | 16.25 | NEGATIVE | The low ADX value for FTF suggests a weak or negative trend. |
NYSEARCA:FTF (6/30/2025, 8:04:00 PM)
6.42
-0.01 (-0.16%)