Franklin North Carolina Fund Technical Analysis

FQNCX Fund  USD 10.67  0.01  0.09%   
As of the 11th of December 2024, Franklin North shows the Semi Deviation of 0.2337, mean deviation of 0.1536, and Downside Deviation of 0.4186. Franklin North Carolina technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices.

Franklin North Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Franklin, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Franklin
  
Franklin North's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Franklin North technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Franklin North technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Franklin North trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Franklin North Carolina Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Franklin North Carolina volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Franklin North Carolina Trend Analysis

Use this graph to draw trend lines for Franklin North Carolina. You can use it to identify possible trend reversals for Franklin North as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Franklin North price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Franklin North Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Franklin North Carolina applied against its price change over selected period. The best fit line has a slop of   0.0001  , which means Franklin North Carolina will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Franklin North price change compared to its average price change.

About Franklin North Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Franklin North Carolina on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Franklin North Carolina based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Franklin North Carolina price pattern first instead of the macroeconomic environment surrounding Franklin North Carolina. By analyzing Franklin North's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Franklin North's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Franklin North specific price patterns or momentum indicators. Please read more on our technical analysis page.

Franklin North December 11, 2024 Technical Indicators

Most technical analysis of Franklin help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Franklin from various momentum indicators to cycle indicators. When you analyze Franklin charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Franklin North Carolina One Year Return

Based on the recorded statements, Franklin North Carolina has an One Year Return of 5.9665%. This is 10.08% higher than that of the Franklin Templeton Investments family and significantly higher than that of the Muni Single State Long category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

Other Information on Investing in Franklin Mutual Fund

Franklin North financial ratios help investors to determine whether Franklin Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Franklin with respect to the benefits of owning Franklin North security.
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