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Mutual Trend Analysis Report

Prepared for you on Monday, May 20, 2024.

PUTNAM TAX EXEMPT INCOME FUND CLASS R6 (NASDAQ:PEXTX)

Crossroads (+60) - PEXTX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

NASDAQ_PEXTX
Open High Low PEXTX Price Change
7.83 7.83 7.83 7.82 0.00
Entry Signal

MarketClub’s Trade Triangles for PEXTX

long term down The long-term trend has been DOWN since Apr 8th, 2024 at 7.77

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 7.77

short term up The short-term trend has been UP since May 2nd, 2024 at 7.73

Smart Scan Analysis for PEXTX

Based on our trend formula, PEXTX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for PEXTX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.83 7.83 7.83 7.82 0.00
Prev. Close Volume Bid Ask Time
7.83 0 7.83 7.83 2024-05-16 17:27:30
52wk High7.952wk High Date2024-02-01
52wk Low7.1352wk Low Date2023-10-30
Year End Close7.89Payment Date2019-12-31
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