Mutual Trend Analysis Report
Prepared for you on Saturday, January 18, 2020.
PUTNAM NEW JERSEY TAX EXEMPT INCOME FUND CLASS B (NASDAQ:PNJBX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 PNJBX
The long term trend has been DOWN since Nov 7th, 2019 at 9.38
The intermediate term trend has been UP since Dec 10th, 2019 at 9.42
The short term trend has been UP since Jan 2nd, 2020 at 9.42
Smart Scan Analysis for PNJBX
Based on a pre-defined weighted trend formula for chart analysis, PNJBX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.54||52wk High Date||2019-08-28|
|52wk Low||9.05||52wk Low Date||2019-01-23|
|Year End Close||9.42||Payment Date||2019-12-31|