Mutual Trend Analysis Report
Prepared for you on Monday, June 18, 2018.
PUTNAM GLOBAL INDUSTRIALS FUND A SHARES (NASDAQ:PGIAX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for PGIAX
The long term trend has been DOWN since Apr 30th, 2018 at 21.99
The intermediate term trend has been UP since May 21st, 2018 at 22.88
The short term trend has been DOWN since May 25th, 2018 at 22.94
Smart Scan Analysis for PGIAX
Based on a pre-defined weighted trend formula for chart analysis, PGIAX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||24.16||52wk High Date||2018-01-26|
|52wk Low||20.02||52wk Low Date||2017-06-29|
|Year End Close||22.34||Payment Date||2017-12-26|