Free Daily Analysis

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.

NASDAQ_PDMYX
Open High Low PDMYX Price Change
10.50 10.50 10.50 10.40 -0.01
Entry Signal

MarketClub’s Trade Triangles for PDMYX

long term up The long-term trend has been UP since Apr 1st, 2022 at 10.54

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 10.63

short term down 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).

-70
Smart Scan Analysis for PDMYX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.50 10.50 10.50 10.40 -0.01
Prev. Close Volume Bid Ask Time
10.42 0 10.49 10.49 2022-06-21 20:00:00
52wk High10.7652wk High Date2022-06-07
52wk Low10.3252wk Low Date2022-01-25
Year End Close10.41Payment Date2021-12-20
Get a free daily analysis and signals for PUTNAM MULTI-ASSET ABSOLUTE RETURN FUND CLASS Y (PDMYX) - Request Your Free Report.