Mutual Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
PUTNAM INCOME FD CL R5 (NASDAQ:PINFX)
Sidelines Mode (+55) - PINFX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PINFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for PINFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PINFX
The long-term trend has been DOWN since Dec 23rd, 2020 at 7.39
The intermediate-term trend has been UP since Apr 5th, 2021 at 7.13
The short-term trend has been DOWN since Apr 19th, 2021 at 7.13
Smart Scan Analysis for PINFX
Based on our trend formula, PINFX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7.53||52wk High Date||2020-12-22|
|52wk Low||7.1||52wk Low Date||2021-03-29|
|Year End Close||7.32||Payment Date||2020-05-26|