PUTNAM MGD MUNI INC TR (PMM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PMM - US7468231037
Taking everything into account, PMM scores 7 out of 10 in our technical rating. Although PMM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
PMM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 6.17, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PMM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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5.68
We found 2 important support areas.
- A support zone ranging from 5.99 to 6.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.74 to 5.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 6.32 to 6.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.55 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PMM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PMM is up. |
| ChartMill Relative Strength | 51.67 | NEUTRAL | PMM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PMM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PMM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PMM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.13 | NEUTRAL | The RSI value for PMM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PMM has a positive trend. |
| Stochastics (14,3) | 41.69 | NEUTRAL | The Stochastics value for PMM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.34 | LOW VOLATILITY | The low ATR as a percentage value for PMM suggests low volalility. |
| Average Directional Index/ADX (14) | 12.75 | NEGATIVE | The low ADX value for PMM suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.24 | 6.06 | 0.18 (2.88%) | 25.00% |
| An entry @6.24. This is a Buy Stop order right above the 10 day high. | An exit @6.06. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.18 points, which is 2.88%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.72%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:PMM (12/24/2025, 7:55:29 PM)
6.22
+0.07 (+1.14%)
PUTNAM MGD MUNI INC TR / PMM FAQ
What is the technical rating for PMM stock?
ChartMill assigns a technical rating of 7 / 10 to PMM.
What is the current trend direction of PUTNAM MGD MUNI INC TR (PMM) stock?
The current trend direction for PUTNAM MGD MUNI INC TR (PMM) is Bullish.
Can you provide the RSI signal for PUTNAM MGD MUNI INC TR?
PUTNAM MGD MUNI INC TR (PMM) has an RSI value of 58.1264. This indicates that the stock is currently neutral.
What is the MACD signal for PMM stock?
The MACD indicator for PUTNAM MGD MUNI INC TR (PMM) has a value of 0.00161071, indicating a bearish trend.
What is the buy/sell signal for PUTNAM MGD MUNI INC TR (PMM) stock?
The buy/sell signal for PUTNAM MGD MUNI INC TR (PMM) is buy as both the short term and long term trends are positive.