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Mutual Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

PUTNAM MORTGAGE SECURITIES FUND CLASS B (NASDAQ:PGSBX)

Bear Market Rally (-75) - PGSBX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PGSBX as it may be in the beginning of a reversal.

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

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

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

NASDAQ_PGSBX
Open High Low PGSBX Price Change
8.39 8.39 8.39 8.34 -0.03
Entry Signal

MarketClub’s Trade Triangles for PGSBX

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 8.38

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 8.38

short term down The short-term trend has been DOWN since May 16th, 2024 at 8.45

Smart Scan Analysis for PGSBX

Based on our trend formula, PGSBX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for PGSBX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.39 8.39 8.39 8.34 -0.03
Prev. Close Volume Bid Ask Time
8.38 0 8.36 8.36 2024-05-23 17:26:20
52wk High8.8152wk High Date2023-06-28
52wk Low8.0252wk Low Date2023-10-19
Year End Close8.61Payment Date2022-10-20
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