Wednesday June 19, 2019 Change 0.00% Price $4.60
Chart period: 2019-03-20 - 2019-06-19
VOLUME
Buy
TREND
Hold
MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

Will PIM stock price go up or down on Thu, 20 Jun 2019?

Predict

Putnam Master Intermediate Income Trust Forecast and Stock Analysis

Technical PIM stock analysis for Wednesday June 19, 2019.

Buy candidate since 2019-06-12 Gain 0.88%


No changes to the price of Putnam Master Intermediate Income Trust in the last trading day ( Wednesday, 19th Jun 2019 ). During day the stock fluctuated 0.66% from a day low at $4.58 to a day high of $4.61. The price has risen in 6 of the last 10 days and is up by 1.77% over the past 2 weeks.

Quick summary:

  • 30 day high of the PIM stock price was $4.61 and low was $4.43.
  • 90 day high was $4.61 and low was $4.42.
  • 52 week high for the Putnam Master Intermediate Income Trust - $4.68 and low - $4.06.

Trend

Putnam Master Intermediate Income Trust is the upper part of a narrow and horizontal trend and normally this would pose a good selling opportunity, but a break-up through the top trend line at $4.62 will give a strong buy signal and a trend shift may be expected. Given the current horizontal trend you can expect Putnam Master Intermediate Income Trust with 90% probability to be traded between $4.52 and $4.67 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Click here for today's Top 5 Trending Companies

Signals

Putnam Master Intermediate Income Trust holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $4.58 and $4.54. A break down below any of these levels will issue sell signals. Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Tuesday June 18, 2019, which indicates further falls until a new bottom pivot has been found.

The stock had a Golden Star Signal* on Wednesday June 05, 2019 in the short-term chart.

* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 67 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Putnam Master Intermediate Income Trust finds support from accumulated volume at $4.55.

Support: $4.55 Price: $4.60

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.03 (0.66%) between high and low. For the last week, the stock has had a daily average volatility of 0.75%.

Our recommended stoploss: $4.43 (-3.75%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 1 days ago.)

0.75 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Will PIM stock price go up or down on Thu, 20 Jun 2019?

Predict

Proudly made at

Rise Vilnius
in partnership with
Barclays Bank