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Mutual Trend Analysis Report

Prepared for you on Thursday, November 26, 2020.

PUTNAM NEW YORK TAX EXEMPT INCOME FUND CLASS A (NASDAQ:PTEIX)

Bull Market Weakness (+75) - PTEIX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PTEIX as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid PTEIX?

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

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

NASDAQ_PTEIX
Open High Low PTEIX Price Change
8.80 8.80 8.80 8.80 0.00
Entry Signal

MarketClub’s Trade Triangles for PTEIX

long term down The long-term trend has been DOWN since Oct 7th, 2020 at 8.65

intermediate term up The intermediate-term trend has been UP since Nov 4th, 2020 at 8.64

short term up The short-term trend has been UP since Oct 28th, 2020 at 8.63

Smart Scan Analysis for PTEIX

Based on our trend formula, PTEIX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for PTEIX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.80 8.80 8.80 8.80 0.00
Prev. Close Volume Bid Ask Time
8.80 0 8.80 9.17 2020-11-25 20:00:00
52wk High8.9852wk High Date2020-02-27
52wk Low7.8452wk Low Date2020-03-20
Year End Close8.73Payment Date2019-12-31
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