Mutual Trend Analysis Report
Prepared for you on Monday, November 23, 2020.
PUTNAM GLOBAL TECHNOLOGY FUND Y SHS (NASDAQ:PGTYX)
Countertrend Up (+85) - PGTYX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid PGTYX?
MarketClub looks at technical strength and momentum to determine if the timing is right for PGTYX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PGTYX
The long-term trend has been UP since Jun 1st, 2020 at 49.91
The intermediate-term trend has been UP since Nov 13th, 2020 at 63.90
The short-term trend has been DOWN since Nov 18th, 2020 at 64.02
Smart Scan Analysis for PGTYX
Based on our trend formula, PGTYX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||64.6||52wk High Date||2020-11-16|
|52wk Low||34.93||52wk Low Date||2020-03-18|
|Year End Close||43.03||Payment Date||2019-12-26|