Mutual Trend Analysis Report
Prepared for you on Monday, September 16, 2019.
PUTNAM GLOBAL HEALTH CARE FUND CLASS A (NASDAQ:PHSTX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for PHSTX
The long term trend has been UP since Jun 19th, 2019 at 50.99
The intermediate term trend has been UP since Aug 13th, 2019 at 51.02
The short term trend has been DOWN since Sep 9th, 2019 at 50.98
Smart Scan Analysis for PHSTX
Based on a pre-defined weighted trend formula for chart analysis, PHSTX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||54.89||52wk High Date||2018-10-01|
|52wk Low||43.15||52wk Low Date||2018-12-24|
|Year End Close||45.77||Payment Date||2018-12-26|