FLMI Franklin Dynamic Municipal Bond ETF Forecast, Technical & Fundamental Analysis

FLMI in upward trend: 10-day moving average broke above 50-day moving average on February 05, 2025

The 10-day moving average for FLMI crossed bullishly above the 50-day moving average on February 05, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 12 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on February 21, 2025. You may want to consider a long position or call options on FLMI as a result. In of 59 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for FLMI just turned positive on January 17, 2025. Looking at past instances where FLMI's MACD turned positive, the stock continued to rise in of 37 cases over the following month. The odds of a continued upward trend are .

FLMI moved above its 50-day moving average on February 13, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FLMI advanced for three days, in of 324 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 395 cases where FLMI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 49 cases where FLMI's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FLMI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

FLMI broke above its upper Bollinger Band on February 06, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.