Mutual Trend Analysis Report
Prepared for you on Thursday, October 6, 2022.
PUTNAM NEW YORK TAX EXEMPT INCOME FUND Y SHS (NASDAQ:PNYYX)
Bear Market Rally (-75) - PNYYX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PNYYX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid PNYYX?
MarketClub looks at technical strength and momentum to determine if the timing is right for PNYYX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PNYYX
The long-term trend has been DOWN since Sep 13th, 2022 at 7.71
The intermediate-term trend has been DOWN since Aug 18th, 2022 at 7.98
The short-term trend has been UP since Oct 3rd, 2022 at 7.43
Smart Scan Analysis for PNYYX
Based on our trend formula, PNYYX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.91||52wk High Date||2021-12-21|
|52wk Low||7.42||52wk Low Date||2022-09-29|
|Year End Close||8.88||Payment Date||2019-12-31|