Putnam High Income Bond Fund Technical Analysis (NYSE:PCF)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The Putnam High Income Bond Fund Price data and volume are plotted in PCF Charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Putnam High Income Bond Fund. Technical analysis uses an approach for Putnam High Income Bond Fund Analysis that does not care for the fair value of a company but uses price and volume data only.
Putnam High Income Bond Fund Moving Average
Moving averages show the average price of PCF stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $9.08 is below the price of $9.22.
Putnam High Income Bond Fund Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Putnam High Income Bond Fund. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the Price of $9.22 is in the upper range of Putnam High Income Bond Fund bollinger bands.
Putnam High Income Bond Fund Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the Price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current Price trend could come to an end, when the Price diverges from MACD. The Putnam High Income Bond Fund MACD indicator can be used to identify bullish and bearish trends for the stock.
Putnam High Income Bond Fund Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 76.09 is the RSI value of PCF stock.