PUTNAM PREMIER INCOME TRUST (PPT)

US7468531006

3.49  +0.02 (+0.58%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to PPT. PPT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, PPT is a bad performer in the overall market: 66% of all stocks are doing better.
PPT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PPT is lagging the market slightly.
In the last month PPT has a been trading in a tight range between 3.41 and 3.60.
Weekly and Daily overview Charts
PPT Weekly chart
PPT Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, PPT does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 3.48, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PPT 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.
Support and Resistance Analysis

3.35

3.75

We found 1 important support area.

  • A support zone ranging from 3.38 to 3.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 3.60 to 3.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.82
Mansfield-1.03
10 Day High3.49
10 Day Low3.41
20 Day High3.6
20 Day Low3.41
52 Week High3.72
52 Week Low3.25
Performance
1 Week1.75%
2 Weeks-0.29%
1 Month-1.13%
3 Month-3.32%
6 Month6.4%
12 Month-1.69%
2 Year-9.11%
3 Year-25.43%
5 Year-31.7%
10 Year-37.12%
15 Year-18.84%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)49.31
LBB3.42
UBB3.51
PPT Daily chart

PUTNAM PREMIER INCOME TRUST

NYSE:PPT (4/23/2024, 7:20:05 PM)

3.49

+0.02 (+0.58%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.58%
1 Week1.75%
2 Weeks-0.29%
1 Month-1.13%
3 Month-3.32%
6 Month6.4%
12 Month-1.69%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.03
ATR(20)%1.06%
ATR Inc
Range Today0.03
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.49
10 Day Low3.41
20 Day High3.6
20 Day Low3.41
52 Week High3.72
52 Week Low3.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume190.50K
Volume Incr-21.29%
Vol(5)152.64K
Vol(50)174.93K