Mutual Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
PUTNAM RETIREMENTREADY 2045 FUND - CLASS R6 (NASDAQ:PREKX)
Countertrend Up (+85) - PREKX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid PREKX?
MarketClub looks at technical strength and momentum to determine if the timing is right for PREKX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PREKX
The long-term trend has been UP since Jun 5th, 2020 at 23.84
The intermediate-term trend has been UP since Oct 5th, 2020 at 25.15
The short-term trend has been DOWN since Oct 15th, 2020 at 25.70
Smart Scan Analysis for PREKX
Based on our trend formula, PREKX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||26||52wk High Date||2020-09-02|
|52wk Low||18.41||52wk Low Date||2020-03-23|
|Year End Close||24.53||Payment Date||2019-12-31|