Putnam Municipal Opportunities Trust (PMO) Technical Analysis: Signals, Charts & Indicators

1.67 / 10

Underperform

Technically, PMO is under pressure with six bearish signals identified in the last five days, including Inverted Hammer, Bearish Engulfing, and MACD Death Cross. The technical score of 1.67/10 and the absence of bullish patterns indicate a downtrend, reinforcing the view that momentum traders may avoid this stock until a clear reversal emerges.

Analysis Checks(0/6)

RSI Overbought

Score2.06/10

Win Rate41.18%

Hist. Signals17

Avg Return-0.09%

Bearish Engulfing

Score1/10

Win Rate0.00%

Hist. Signals5

Avg Return-1.16%

MACD Death Cross

Score1/10

Win Rate28.57%

Hist. Signals7

Avg Return-0.24%

MACD Golden Cross

Score2.45/10

Win Rate40.00%

Hist. Signals5

Avg Return0.24%

Inverted Hammer

Score1.59/10

Win Rate33.33%

Hist. Signals3

Avg Return0.39%

Marubozu White

Score1.94/10

Win Rate40.91%

Hist. Signals22

Avg Return0.07%

What is the current technical signals for PMO?

PMO presents a Underperform setup with a Technical Score of 1.67/10. Key technical indicators highlight an RSI of 61.16 and a MACD of 0.02, with the trend anchored by the 50-Day SMA at 10.53. Traders should monitor key support at 10.66 and resistance at 10.71.