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Mutual Trend Analysis Report

Prepared for you on Friday, July 3, 2020.

PUTNAM MULTI-ASSET ABSOLUTE RETURN FUND CLASS R (NASDAQ:PDMRX)

Sidelines Mode (+50) - PDMRX is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until PDMRX can gain momentum.

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.

NASDAQ_PDMRX
Open High Low PDMRX Price Change
10.32 10.32 10.32 10.32 0.00
Entry Signal

MarketClub’s Trade Triangles for PDMRX

long term down The long-term trend has been DOWN since Nov 4th, 2019 at 11.19

intermediate term up The intermediate-term trend has been UP since Jun 5th, 2020 at 10.31

short term up The short-term trend has been UP since Jun 26th, 2020 at 10.30

Smart Scan Analysis for PDMRX

Based on our trend formula, PDMRX is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for PDMRX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.32 10.32 10.32 10.32 0.00
Prev. Close Volume Bid Ask Time
10.35 0 10.32 10.32 2020-06-30 20:00:00
52wk High11.652wk High Date2019-09-04
52wk Low10.1252wk Low Date2020-03-24
Year End Close11.09Payment Date2018-12-20
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