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Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
PUTNAM FLOATING RATE INCOME FUND CLASS B (NASDAQ:PFRBX)
Sidelines Mode (-55) - PFRBX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PFRBX?
MarketClub looks at technical strength and momentum to determine if the timing is right for PFRBX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for PFRBX
The long-term trend has been UP since Dec 19th, 2023 at 7.97
The intermediate-term trend has been DOWN since Apr 8th, 2024 at 7.99
The short-term trend has been UP since Apr 23rd, 2024 at 7.97
Smart Scan Analysis for PFRBX
Based on our trend formula, PFRBX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.98 | 7.98 | 7.98 | 7.97 | -0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.98 | 0 | 7.97 | 7.97 | 2024-04-25 18:25:00 |
| 52wk High | 8 | 52wk High Date | 2024-03-21 |
| 52wk Low | 7.77 | 52wk Low Date | 2023-05-31 |
| Year End Close | 7.99 |