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Mutual Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

PUTNAM NEW YORK TAX EXEMPT INCOME FUND Y SHS (NASDAQ:PNYYX)

Long-Term Downtrend (-90) - PNYYX is in a strong downtrend that is likely to continue. While PNYYX 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 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.

NASDAQ_PNYYX
Open High Low PNYYX Price Change
7.87 7.87 7.87 7.88 +0.01
Entry Signal

MarketClub’s Trade Triangles for PNYYX

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 7.93

intermediate term down The intermediate-term trend has been DOWN since Mar 26th, 2024 at 8.00

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 8.04

Smart Scan Analysis for PNYYX

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

-90
Smart Scan Analysis for PNYYX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.87 7.87 7.87 7.88 +0.01
Prev. Close Volume Bid Ask Time
7.88 0 7.88 7.88 2024-04-19 20:00:00
52wk High8.0652wk High Date2024-02-01
52wk Low7.2752wk Low Date2023-10-30
Year End Close8.06Payment Date2019-12-31
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