Mutual Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
PUTNAM PANAGORA MANAGED FUTURES STRATEGY CL Y (NASDAQ:PPFYX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 PPFYX
The long term trend has been DOWN since Oct 15th, 2018 at 9.70
The intermediate term trend has been UP since Nov 14th, 2018 at 9.77
The short term trend has been DOWN since Nov 23rd, 2018 at 9.69
Smart Scan Analysis for PPFYX
Based on a pre-defined weighted trend formula for chart analysis, PPFYX scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.43||52wk High Date||2018-01-24|
|52wk Low||9.51||52wk Low Date||2018-11-02|
|Year End Close||10.1||Payment Date||2017-12-27|