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Mutual Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
PUTNAM MULTI-ASSET ABSOLUTE RETURN FUND CLASS B (NASDAQ:PDMBX)
Bear Market Rally (-75) - PDMBX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PDMBX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid PDMBX?
MarketClub looks at technical strength and momentum to determine if the timing is right for PDMBX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for PDMBX
The long-term trend has been DOWN since Sep 4th, 2020 at 10.09
The intermediate-term trend has been DOWN since Jan 27th, 2021 at 9.87
The short-term trend has been UP since Mar 2nd, 2021 at 9.79
Smart Scan Analysis for PDMBX
Based on our trend formula, PDMBX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.70 | 9.70 | 9.70 | 9.76 | +0.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.70 | 0 | 9.76 | 9.76 | 2021-03-05 20:00:00 |
| 52wk High | 10.94 | 52wk High Date | 2020-03-09 |
| 52wk Low | 9.7 | 52wk Low Date | 2021-03-04 |
| Year End Close | 9.99 | Payment Date | 2018-12-20 |