Mutual Trend Analysis Report
Prepared for you on Tuesday, February 25, 2020.
PUTNAM DIVERSIFIED INCOME TRUST CLASS R SHS (NASDAQ:PDVRX)
Bull Market Weakness (+75) - PDVRX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PDVRX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PDVRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for PDVRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PDVRX
The long-term trend has been UP since Apr 1st, 2019 at 6.77
The intermediate-term trend has been UP since Feb 14th, 2020 at 7.01
The short-term trend has been DOWN since Feb 18th, 2020 at 7.01
Smart Scan Analysis for PDVRX
Based on our trend formula, PDVRX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7.04||52wk High Date||2020-01-13|
|52wk Low||6.74||52wk Low Date||2019-03-14|
|Year End Close||7.02||Payment Date||2019-12-20|