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Mutual Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

PUTNAM SHORT DURATION BOND FUND CLASS R (NASDAQ:PRARX)

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

MarketClub looks at technical strength and momentum to determine if the timing is right for PRARX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_PRARX
Open High Low PRARX Price Change
9.74 9.74 9.74 9.74 0.00
Entry Signal

MarketClub’s Trade Triangles for PRARX

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 9.75

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 9.77

short term down The short-term trend has been DOWN since Apr 1st, 2024 at 9.79

Smart Scan Analysis for PRARX

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

-90
Smart Scan Analysis for PRARX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.74 9.74 9.74 9.74 0.00
Prev. Close Volume Bid Ask Time
9.74 0 9.74 9.74 2024-04-24 20:00:00
52wk High9.8252wk High Date2024-02-01
52wk Low9.5852wk Low Date2023-10-18
Year End Close9.78Payment Date2023-12-29
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