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Templeton Dragon Closed Fund (TDF) – sideways & breakout history

NYSE

Templeton Dragon Closed Fund has been moving sideways between $7.58 and $14.434 since 23 Jul 2023.

Since 2019, NasdaqScan has found 3 sideways ranges in TDF. Completed ranges lasted 686 days on average, from 581 to 791 days. Of those 2, 1 broke upward and 1 broke downward. The current range is 90% wide from low to high. NasdaqScan detected one breakout pattern in Templeton Dragon Closed Fund, on 5 Dec 2021 after 343 days of sideways movement.

Charts are only kept for recent breakouts, so there is no chart for this signal.

Sideways ranges

RangeFormedEndedHow it endedBreakout signals
$7.58 – $14.43423 Jul 2023Still sideways——
$21.29 – $27.6413 Jun 202113 Aug 2023 (791 days)Broke below the range at $10.135 Dec 2021 (BO accepted)
$16.0962 – $20.8624 Nov 201927 Jun 2021 (581 days)Broke above the range at $22.62—

Breakout patterns detected

  • 5 Dec 2021: breakout from a sideways range after 343 days (BO accepted)

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

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