Putnam Equity Income Fund Technical Analysis

PEQNX Fund  USD 35.78  0.00  0.00%   
Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Putnam Equity, as well as the relationship between them.

Putnam Equity Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Putnam, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Putnam
  
Putnam Equity's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Putnam Equity technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Putnam Equity technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Putnam Equity trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Putnam Equity Income Technical Analysis

Indicator
Time Period
Execute Indicator
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Putnam Equity Income volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Putnam Equity Income Trend Analysis

Use this graph to draw trend lines for Putnam Equity Income. You can use it to identify possible trend reversals for Putnam Equity as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Putnam Equity price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Putnam Equity Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Putnam Equity Income applied against its price change over selected period. The best fit line has a slop of   0.00  , . It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Putnam Equity price change compared to its average price change.

About Putnam Equity Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Putnam Equity Income on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Putnam Equity Income based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Putnam Equity Income price pattern first instead of the macroeconomic environment surrounding Putnam Equity Income. By analyzing Putnam Equity's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Putnam Equity's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Putnam Equity specific price patterns or momentum indicators. Please read more on our technical analysis page.

Putnam Equity Income One Year Return

Based on the recorded statements, Putnam Equity Income has an One Year Return of 25.6394%. This is 59.15% higher than that of the Putnam family and significantly higher than that of the Large Value category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

Other Information on Investing in Putnam Mutual Fund

Putnam Equity financial ratios help investors to determine whether Putnam Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Putnam with respect to the benefits of owning Putnam Equity security.
CEOs Directory
Screen CEOs from public companies around the world
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites