Franklin Strategic Income Fund Technical Analysis

FGKNX Fund  USD 8.27  0.01  0.12%   
As of the 29th of March, Franklin Strategic shows the Downside Deviation of 0.2644, semi deviation of 0.1732, and Mean Deviation of 0.1735. Franklin Strategic Income 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. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Franklin Strategic Income, which can be compared to its rivals. Please confirm Franklin Strategic Income standard deviation, as well as the relationship between the value at risk and kurtosis to decide if Franklin Strategic Income is priced favorably, providing market reflects its regular price of 8.27 per share.

Franklin Strategic 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 Strategic'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 Strategic 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 Strategic technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Franklin Strategic 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 Strategic Income Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Strategic Income volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Franklin Strategic Income Trend Analysis

Use this graph to draw trend lines for Franklin Strategic Income. You can use it to identify possible trend reversals for Franklin Strategic 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 Strategic price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Franklin Strategic Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Franklin Strategic Income applied against its price change over selected period. The best fit line has a slop of    , which means Franklin Strategic Income will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.08, which is the sum of squared deviations for the predicted Franklin Strategic price change compared to its average price change.

About Franklin Strategic 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 Strategic Income 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 Strategic Income based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Franklin Strategic Income price pattern first instead of the macroeconomic environment surrounding Franklin Strategic Income. By analyzing Franklin Strategic'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 Strategic'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 Strategic specific price patterns or momentum indicators. Please read more on our technical analysis page.

Franklin Strategic March 29, 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 Strategic Income One Year Return

Based on the recorded statements, Franklin Strategic Income has an One Year Return of 6.2869%. This is 15.99% higher than that of the Franklin Templeton Investments family and significantly higher than that of the Multisector Bond 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.

Franklin Strategic March 29, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Franklin stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Strategic Income. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Franklin Strategic's price analysis, check to measure Franklin Strategic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Franklin Strategic is operating at the current time. Most of Franklin Strategic's value examination focuses on studying past and present price action to predict the probability of Franklin Strategic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franklin Strategic's price. Additionally, you may evaluate how the addition of Franklin Strategic to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Franklin Strategic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Strategic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Strategic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.