PMM
Putnam Managed Municipal Income Trust·NYSE
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2.50 / 10
Underperform
Technically, PMM scores 2.5/10, classified as poor. The recent indicator set is dominated by bearish signals: MACD Death Cross, MACD Golden Cross, and Bearish Engulfing, with no bullish occurrences. Historical win rates for these patterns are modest (18.18% for Bearish Engulfing), and average returns are negligible or negative. The overall trend is weak, suggesting a higher probability of price decline and the need for risk management.
Analysis Checks(0/4)
MACD Death Cross
Score2.96/10
Win Rate45.45%
Hist. Signals11
Avg Return0.02%
Score2.96/10
Win Rate45.45%
Hist. Signals11
Avg Return0.02%
MACD Golden Cross
Score2.95/10
Win Rate44.44%
Hist. Signals9
Avg Return0.17%
Score2.95/10
Win Rate44.44%
Hist. Signals9
Avg Return0.17%
Bearish Engulfing
Score1/10
Win Rate18.18%
Hist. Signals11
Avg Return-0.18%
Score1/10
Win Rate18.18%
Hist. Signals11
Avg Return-0.18%
Marubozu White
Score3.09/10
Win Rate50.00%
Hist. Signals28
Avg Return0.06%
Score3.09/10
Win Rate50.00%
Hist. Signals28
Avg Return0.06%
MACD Death Cross
Score2.96/10
Win Rate45.45%
Hist. Signals11
Avg Return0.02%
Score2.96/10
Win Rate45.45%
Hist. Signals11
Avg Return0.02%
Bearish Engulfing
Score1/10
Win Rate18.18%
Hist. Signals11
Avg Return-0.18%
Score1/10
Win Rate18.18%
Hist. Signals11
Avg Return-0.18%
MACD Golden Cross
Score2.95/10
Win Rate44.44%
Hist. Signals9
Avg Return0.17%
Score2.95/10
Win Rate44.44%
Hist. Signals9
Avg Return0.17%
Marubozu White
Score3.09/10
Win Rate50.00%
Hist. Signals28
Avg Return0.06%
Score3.09/10
Win Rate50.00%
Hist. Signals28
Avg Return0.06%
Technical Analysis of PMM?
- PMM presents a Underperform setup with a Technical Score of 2.50/10. Key technical indicators highlight an RSI of 58.85 and a MACD of 0.01, with the trend anchored by the 50-Day SMA at 6.20. Traders should monitor key support at 6.25 and resistance at 6.32.
