Mutual Trend Analysis Report
Prepared for you on Saturday, May 15, 2021.
PUTNAM MULTI-ASSET ABSOLUTE RETURN FUND CLASS R (NASDAQ:PDMRX)
Countertrend Up (+85) - PDMRX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid PDMRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for PDMRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PDMRX
The long-term trend has been UP since May 6th, 2021 at 10.21
The intermediate-term trend has been UP since Apr 5th, 2021 at 10.04
The short-term trend has been DOWN since May 11th, 2021 at 10.22
Smart Scan Analysis for PDMRX
Based on our trend formula, PDMRX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.61||52wk High Date||2020-08-03|
|52wk Low||9.9||52wk Low Date||2021-03-04|
|Year End Close||10.19||Payment Date||2018-12-20|