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Mutual Trend Analysis Report

Prepared for you on Thursday, May 2, 2024.

PUTNAM INCOME FD CL R6 (NASDAQ:PINHX)

Long-Term Downtrend (-90) - PINHX is in a strong downtrend that is likely to continue. While PINHX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

NASDAQ_PINHX
Open High Low PINHX Price Change
5.20 5.20 5.20 5.25 +0.02
Entry Signal

MarketClub’s Trade Triangles for PINHX

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 5.31

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 5.33

short term down The short-term trend has been DOWN since Apr 5th, 2024 at 5.32

Smart Scan Analysis for PINHX

Based on our trend formula, PINHX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for PINHX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.20 5.20 5.20 5.25 +0.02
Prev. Close Volume Bid Ask Time
5.22 0 5.22 5.22 2024-04-26 20:00:00
52wk High5.6252wk High Date2023-05-04
52wk Low5.1352wk Low Date2023-10-25
Year End Close5.41Payment Date2023-03-27
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