Mutual Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
PUTNAM RETIREMENTREADY 2060 FUND CLASS A (NASDAQ:PRTFX)
Bull Market Weakness (+75) - PRTFX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PRTFX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PRTFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for PRTFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PRTFX
The long-term trend has been DOWN since Feb 24th, 2020 at 10.88
The intermediate-term trend has been UP since Apr 6th, 2020 at 8.91
The short-term trend has been UP since May 18th, 2020 at 9.60
Smart Scan Analysis for PRTFX
Based on our trend formula, PRTFX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.62||52wk High Date||2019-12-27|
|52wk Low||7.81||52wk Low Date||2020-03-23|
|Year End Close||10.96||Payment Date||2019-12-31|