PUTNAM MGD MUNI INC TR (PMM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PMM - US7468231037
Overall PMM gets a technical rating of 5 out of 10. PMM has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- PMM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PMM is lagging the market slightly.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the performance of all stocks over the past year, PMM turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
- In the last month PMM has a been trading in a tight range between 6.11 and 6.35.
PMM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 6.21, a Stop Loss order could be placed below this zone.
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5.68
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.17 to 6.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.99 to 6.04. This zone is formed by a combination of multiple trend lines 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.
We found 1 important resistance area.
- A resistance zone ranging from 6.23 to 6.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for PMM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PMM is neutral. |
| ChartMill Relative Strength | 46.43 | NEUTRAL | PMM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PMM is below 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) | 51.88 | NEUTRAL | The RSI value for PMM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PMM has a negative trend. |
| Stochastics (14,3) | 47.22 | NEUTRAL | The Stochastics value for PMM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.21 | LOW VOLATILITY | The low ATR as a percentage value for PMM suggests low volalility. |
| Average Directional Index/ADX (14) | 19.43 | NEGATIVE | The low ADX value for PMM suggests a weak or negative trend. |
NYSE:PMM (1/22/2026, 6:40:00 PM)
6.23
-0.01 (-0.16%)
PUTNAM MGD MUNI INC TR / PMM FAQ
What is the technical rating for PMM stock?
ChartMill assigns a technical rating of 5 / 10 to PMM.
Can you provide the trend direction for PUTNAM MGD MUNI INC TR?
The current trend direction for PUTNAM MGD MUNI INC TR (PMM) is Bearish.
Can you provide the RSI signal for PUTNAM MGD MUNI INC TR?
PUTNAM MGD MUNI INC TR (PMM) has an RSI value of 51.8784. This indicates that the stock is currently neutral.
What is the support and resistance level for PMM stock?
PUTNAM MGD MUNI INC TR (PMM) has a support level at 6.21 and a resistance level at 6.23. Check the full technical report for our detailed analysis of PMM support and resistance levels.