Mutual Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
PUTNAM PANAGORA MARKET NEUTRAL FUND CLASS C (NASDAQ:PPMDX)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 PPMDX
The long term trend has been DOWN since Feb 8th, 2018 at 9.85
The intermediate term trend has been UP since Dec 17th, 2018 at 8.98
The short term trend has been UP since Jan 10th, 2019 at 9.06
Smart Scan Analysis for PPMDX
Based on a pre-defined weighted trend formula for chart analysis, PPMDX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-01-17|
|52wk Low||8.87||52wk Low Date||2018-12-07|
|Year End Close||9.08|