Technical Analysis for PMM - Putnam Managed Municipal Income Trust

Grade Last Price % Change Price Change
grade A 8.39 0.24% 0.02
PMM closed up 0.24 percent on Thursday, February 20, 2020, on approximately normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical PMM trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
New 52 Week Closing High Bullish 0.24%
Expansion Breakout Bullish Swing Setup 0.24%

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Profile

Putnam Managed Municipal Income Trust is a close-ended fixed income mutual fund launched and managed by Putnam Investment Management LLC. It is co-managed by Putnam Investments Limited (U.K.). The fund invests in fixed income markets of United States. It invests in a diversified portfolio of tax-exempt municipal securities which typically includes high-yield securities that are below investment grade and involve special risk considerations. The fund benchmarks the performance of its portfolio against Barclays Capital Municipal Bond Index. Putnam Managed Municipal Income Trust was formed on February 24, 1989 and is domiciled in United States.

Is PMM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 8.4
52 Week Low 7.1
Average Volume 98,249
200-Day Moving Average 7.90
50-Day Moving Average 8.12
20-Day Moving Average 8.19
10-Day Moving Average 8.22
Average True Range 0.06
ADX 23.2
+DI 34.85
-DI 9.79
Chandelier Exit (Long, 3 ATRs ) 8.23
Chandelier Exit (Short, 3 ATRs ) 8.28
Upper Bollinger Band 8.33
Lower Bollinger Band 8.05
Percent B (%b) 1.22
BandWidth 3.44
MACD Line 0.05
MACD Signal Line 0.03
MACD Histogram 0.019
Fundamentals Value
Market Cap 450.84 Million
Num Shares 53.7 Million
EPS 0.57
Price-to-Earnings (P/E) Ratio 14.72
Price-to-Sales 0.00
Price-to-Book 0.00
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.51
Resistance 3 (R3) 8.50 8.45 8.49
Resistance 2 (R2) 8.45 8.42 8.46 8.48
Resistance 1 (R1) 8.42 8.40 8.44 8.43 8.48
Pivot Point 8.37 8.37 8.38 8.38 8.37
Support 1 (S1) 8.34 8.34 8.36 8.35 8.30
Support 2 (S2) 8.29 8.32 8.30 8.30
Support 3 (S3) 8.26 8.29 8.29
Support 4 (S4) 8.27