Mutual Trend Analysis Report
Prepared for you on Tuesday, April 20, 2021.
PUTNAM CALIFORNIA TAX EXEMPT INCOME FUND CLASS B (NASDAQ:PCTBX)
Bull Market Weakness (+75) - PCTBX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PCTBX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PCTBX?
MarketClub looks at technical strength and momentum to determine if the timing is right for PCTBX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PCTBX
The long-term trend has been DOWN since Feb 25th, 2021 at 8.24
The intermediate-term trend has been UP since Apr 8th, 2021 at 8.28
The short-term trend has been UP since Mar 23rd, 2021 at 8.23
Smart Scan Analysis for PCTBX
Based on our trend formula, PCTBX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.43||52wk High Date||2020-12-28|
|52wk Low||7.81||52wk Low Date||2020-04-30|
|Year End Close||8.31||Payment Date||2019-12-31|