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.
MarketClub’s Trade Triangles for PDMYX
The long-term trend has been UP since May 6th, 2021 at 10.51
The intermediate-term trend has been UP since Apr 5th, 2021 at 10.33
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).
|52wk High||10.89||52wk High Date||2020-08-03|
|52wk Low||10.19||52wk Low Date||2021-03-04|
|Year End Close||10.48||Payment Date||2018-12-20|