Mutual Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
PUTNAM MULTI-ASSET ABSOLUTE RETURN FUND CLASS Y (NASDAQ:PDMYX)
Weak Downtrend (-65) - PDMYX is showing signs of a strengthening downtrend. Monitor PDMYX as it may be building momentum to the downside.
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 Apr 1st, 2022 at 10.54
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 10.63
The short-term trend has been DOWN since Jun 10th, 2022 at 10.71
Smart Scan Analysis for PDMYX
Based on our trend formula, PDMYX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.76||52wk High Date||2022-06-07|
|52wk Low||10.32||52wk Low Date||2022-01-25|
|Year End Close||10.41||Payment Date||2021-12-20|