RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of PIM
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Putnam Master Intermediate Income Trust stock upgraded to Buy Candidate.
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The Putnam Master Intermediate Income Trust stock price gained 0.163% on the last trading day (Wednesday, 27th Mar 2024), rising from $3.19 to $3.20. During the last trading day the stock fluctuated 0.94% from a day low at $3.19 to a day high of $3.22. The price has risen in 5 of the last 10 days and is up by 0.64% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 29 thousand more shares were traded than the day before. In total, 56 thousand shares were bought and sold for approximately $179.07 thousand.

The stock is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Putnam Master Intermediate Income Trust stock with a 90% probability to be traded between $3.10 and $3.18 at the end of this 3-month period. 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 top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

PIM Signals & Forecast

Mostly positive signals in the chart today. The Putnam Master Intermediate Income Trust stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $3.19 and $3.19. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, March 05, 2024, and so far it has risen 1.11%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Putnam Master Intermediate Income Trust has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. The stock had a Golden Star Signal on Monday, March 25, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, July 25, 2023.

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.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Monday, March 25, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, July 25, 2023.

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.
Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Monday, March 25, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, July 25, 2023.

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.

Support, Risk & Stop-loss for Putnam Master Intermediate Income Trust stock

Putnam Master Intermediate Income Trust finds support from accumulated volume at $3.19 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.0300 between high and low, or 0.94%. For the last week the stock has had daily average volatility of 0.575%.

Our recommended stop-loss: $3.01 (-5.69%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 16 days ago.)

Trading Expectations (PIM) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Putnam Master Intermediate Income Trust to open at $3.20, and during the day (based on 14 day Average True Range), to move between $3.17 and $3.22, which gives a possible trading interval of +/-$0.0231 (+/-0.72%) up or down from last closing price. If Putnam Master Intermediate Income Trust takes out the full calculated possible swing range there will be an estimated 1.45% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $3.20 (0.15%) than the support at $3.19 (0.16%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Putnam Master Intermediate Income Trust stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Putnam Master Intermediate Income Trust stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.787 Buy Candidate Upgraded

Predicted Opening Price for Putnam Master Intermediate Income Trust of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$3.20 ( 0.204%) $3.20

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for PIM

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 3.23 1.14 %
R2 3.22 0.785 %
R1 3.21 0.563 %
Current price: 3.20
Support S1 3.19 -0.154 %
S2 3.18 -0.376 %
S3 3.17 -0.734 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 3.23 1.09 %
R2 3.21 0.463 %
R1 3.20 0.150 %
Current price 3.20
Support S1 3.19 -0.163%
S2 3.17 -0.789%
S3 3.16 -1.10%

PIM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 23, 2024 Apr 23, 2024 May 01, 2024 $0.0220 0.688%
2 Jan 29, 2024 Mar 21, 2024 Apr 01, 2024 $0.0220 0.688%
3 Feb 22, 2024 Feb 22, 2024 Mar 01, 2024 $0.0220 0.688%
4 Nov 17, 2023 Jan 23, 2024 Feb 01, 2024 $0.0220 0.675%
5 Nov 17, 2023 Dec 21, 2023 Jan 02, 2024 $0.0220 0.685%

FAQ

What is the symbol for Putnam Master Intermediate Income Trust Stock and on which exchange is it traded?
The symbol for Putnam Master Intermediate Income Trust is PIM and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Putnam Master Intermediate Income Trust Stock?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Putnam Master Intermediate Income Trust stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Putnam Master Intermediate Income Trust Stock?
Putnam Master Intermediate Income Trust Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Putnam Master Intermediate Income Trust Stock.

What's the current price of Putnam Master Intermediate Income Trust Stock?
As of the end of day on the 2024-03-27, the price of an Putnam Master Intermediate Income Trust (PIM) share was $3.20.

What is the 52-week high and low for Putnam Master Intermediate Income Trust Stock?
The 52-week high for Putnam Master Intermediate Income Trust Stock is $3.28 and the 52-week low is $2.90.

What is the market capitalization of Putnam Master Intermediate Income Trust Stock?
As of the 2024-03-27, the market capitalization of Putnam Master Intermediate Income Trust is 154.451M.

When is the next earnings date for Putnam Master Intermediate Income Trust?
The upcoming earnings date for Putnam Master Intermediate Income Trust is May 24, 2024.
Click to get the best stock tips daily for free!

About Putnam Master Intermediate Income Trust

Putnam Master Intermediate Income Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors. It benchmarks the performance of its portfolio against the Barclays Capital Government/Credit Bond Index. Putnam Mas... PIM Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT