Mutual Trend Analysis Report
Prepared for you on Friday, December 2, 2022.
PUTNAM MULTI-ASSET ABSOLUTE RETURN FUND CLASS R (NASDAQ:PDMRX)
Bull Market Weakness (+75) - PDMRX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PDMRX as it may be in the beginning stages of a reversal.
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 Oct 13th, 2022 at 10.26
The intermediate-term trend has been DOWN since Nov 11th, 2022 at 10.25
The short-term trend has been UP since Nov 22nd, 2022 at 10.22
Smart Scan Analysis for PDMRX
Based on our trend formula, PDMRX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.43||52wk High Date||2022-06-07|
|52wk Low||10.02||52wk Low Date||2022-01-25|
|Year End Close||10.11||Payment Date||2021-12-20|