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Mutual Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

PUTNAM TAX-FREE HIGH YIELD FUND CL A (NASDAQ:PTHAX)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

NASDAQ_PTHAX
Open High Low PTHAX Price Change
12.24 12.24 12.24 12.24 0.00
Entry Signal

MarketClub’s Trade Triangles for PTHAX

long term down The long term trend has been DOWN since Sep 11th, 2018 at 12.45

intermediate term down The intermediate term trend has been DOWN since Aug 1st, 2018 at 12.49

short term down The short term trend has been DOWN since Oct 3rd, 2018 at 12.38

Smart Scan Analysis for PTHAX

Based on a pre-defined weighted trend formula for chart analysis, PTHAX scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for PTHAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.24 12.24 12.24 12.24 0.00
Prev. Close Volume Bid Ask Time
12.24 2018-10-17 00:00:00
52wk High12.7252wk High Date2017-12-06
52wk Low12.2352wk Low Date2018-10-10
Year End Close12.63Payment Date2017-12-29
Want to analyze PUTNAM TAX-FREE HIGH YIELD FUND CL A PTHAX or another symbol? Try our Free Mutual Trend Analysis Report.