Free Daily Analysis

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.

NASDAQ_PDMRX
Open High Low PDMRX Price Change
10.31 10.31 10.31 10.33 +0.02
Entry Signal

MarketClub’s Trade Triangles for PDMRX

long term up The long-term trend has been UP since Oct 13th, 2022 at 10.26

intermediate term down The intermediate-term trend has been DOWN since Nov 11th, 2022 at 10.25

short term up 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).

+75
Smart Scan Analysis for PDMRX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.31 10.31 10.31 10.33 +0.02
Prev. Close Volume Bid Ask Time
10.31 0 10.33 10.33 2022-12-01 20:00:00
52wk High10.4352wk High Date2022-06-07
52wk Low10.0252wk Low Date2022-01-25
Year End Close10.11Payment Date2021-12-20
Get a free daily analysis and signals for PUTNAM MULTI-ASSET ABSOLUTE RETURN FUND CLASS R (PDMRX) - Request Your Free Report.