Mutual Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
Putnam Strategic Intermediate Municipal Fund Class A (NASDAQ:PPNAX)
Sidelines Mode (+55) - PPNAX 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 PPNAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for PPNAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PPNAX
The long-term trend has been UP since Aug 1st, 2022 at 14.00
The intermediate-term trend has been UP since Jul 5th, 2022 at 13.76
The short-term trend has been DOWN since Aug 5th, 2022 at 14.02
Smart Scan Analysis for PPNAX
Based on our trend formula, PPNAX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||15.98||52wk High Date||2021-08-20|
|52wk Low||13.55||52wk Low Date||2022-05-18|
|Year End Close||14.96||Payment Date||2019-12-31|