Mutual Trend Analysis Report
Prepared for you on Tuesday, June 18, 2019.
PUTNAM TAX-FREE INSURED FUND CL B (NASDAQ:PTFIX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for PTFIX
The long term trend has been UP since Mar 12th, 2019 at 14.89
The intermediate term trend has been UP since Jan 31st, 2019 at 14.78
The short term trend has been DOWN since Jun 11th, 2019 at 15.30
Smart Scan Analysis for PTFIX
Based on a pre-defined weighted trend formula for chart analysis, PTFIX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk High Date||2019-05-16|
|52wk Low||14.64||52wk Low Date||2018-11-06|
|Year End Close||14.73||Payment Date||2018-12-31|