Mutual Trend Analysis Report
Prepared for you on Saturday, January 18, 2020.
PUTNAM MULTI-ASSET ABSOLUTE RETURN FUND CLASS C (NASDAQ:PDMCX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 PDMCX
The long term trend has been DOWN since Oct 28th, 2019 at 11.01
The intermediate term trend has been DOWN since Dec 23rd, 2019 at 10.84
The short term trend has been UP since Jan 10th, 2020 at 10.85
Smart Scan Analysis for PDMCX
Based on a pre-defined weighted trend formula for chart analysis, PDMCX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.41||52wk High Date||2019-09-04|
|52wk Low||10.57||52wk Low Date||2019-01-18|
|Year End Close||10.88||Payment Date||2018-12-20|