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Mutual Trend Analysis Report

Prepared for you on Sunday, June 13, 2021.

PUTNAM MULTI-ASSET ABSOLUTE RETURN FUND CLASS Y (NASDAQ:PDMYX)

Long-Term Uptrend (+90) - PDMYX is in a strong uptrend that is likely to continue. While PDMYX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid PDMYX?

MarketClub looks at technical strength and momentum to determine if the timing is right for PDMYX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_PDMYX
Open High Low PDMYX Price Change
10.72 10.72 10.72 10.70 -0.02
Entry Signal

MarketClub’s Trade Triangles for PDMYX

long term up The long-term trend has been UP since May 6th, 2021 at 10.51

intermediate term up The intermediate-term trend has been UP since Apr 5th, 2021 at 10.33

short term up The short-term trend has been UP since May 24th, 2021 at 10.43

Smart Scan Analysis for PDMYX

Based on our trend formula, PDMYX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for PDMYX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.72 10.72 10.72 10.70 -0.02
Prev. Close Volume Bid Ask Time
10.72 0 10.70 10.70 2021-06-11 20:00:00
52wk High10.8952wk High Date2020-08-03
52wk Low10.1952wk Low Date2021-03-04
Year End Close10.48Payment Date2018-12-20
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