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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.

NASDAQ_PDMRX
Open High Low PDMRX Price Change
10.13 10.13 10.13 10.16 +0.03
Entry Signal

MarketClub’s Trade Triangles for PDMRX

long term up The long-term trend has been UP since May 6th, 2021 at 10.21

intermediate term up The intermediate-term trend has been UP since Apr 5th, 2021 at 10.04

short term down 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).

+85
Smart Scan Analysis for PDMRX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.13 10.13 10.13 10.16 +0.03
Prev. Close Volume Bid Ask Time
10.13 0 10.16 10.16 2021-05-14 20:00:00
52wk High10.6152wk High Date2020-08-03
52wk Low9.952wk Low Date2021-03-04
Year End Close10.19Payment Date2018-12-20
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