Mutual Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
PUTNAM PANAGORA MANAGED FUTURES STRATEGY CLASS R (NASDAQ:PPFWX)
Sidelines Mode (-55) - PPFWX 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 PPFWX?
MarketClub looks at technical strength and momentum to determine if the timing is right for PPFWX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PPFWX
The long-term trend has been DOWN since Apr 30th, 2020 at 8.48
The intermediate-term trend has been DOWN since Jul 1st, 2020 at 8.16
The short-term trend has been UP since Nov 27th, 2020 at 7.29
Smart Scan Analysis for PPFWX
Based on our trend formula, PPFWX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.54||52wk High Date||2020-03-18|
|52wk Low||7.13||52wk Low Date||2020-11-11|
|Year End Close||8.41||Payment Date||2019-12-27|