PPT Putnam Premier Income Trust Forecast, Technical & Fundamental Analysis
Putnam Premier Income Trust is a Massachusetts business trust operating as a non-diversified closed-end management investment company... Show more
PPT's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for PPT turned positive on May 28, 2025. Looking at past instances where PPT's MACD turned positive, the stock continued to rise in of 53 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on May 27, 2025. You may want to consider a long position or call options on PPT as a result. In of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PPT advanced for three days, in of 207 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 225 cases where PPT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for PPT moved out of overbought territory on May 08, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 21 similar instances where the indicator moved out of overbought territory. In of the 21 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
PPT broke above its upper Bollinger Band on May 29, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Advertisement
General Information
Category Unknown
PPT and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PPT has been loosely correlated with PIM. These tickers have moved in lockstep 51% of the time. This A.I.-generated data suggests there is some statistical probability that if PPT jumps, then PIM could also see price increases.
| Ticker / NAME | Correlation To PPT | 1D Price Change % | ||
|---|---|---|---|---|
| PPT | 100% | N/A | ||
| PIM - PPT | 51% Loosely correlated | +0.30% | ||
| HYIN - PPT | 38% Loosely correlated | +0.18% | ||
| VPC - PPT | 36% Loosely correlated | -0.71% | ||
| AMAX - PPT | 24% Poorly correlated | +0.30% | ||
| HYZD - PPT | 24% Poorly correlated | +0.20% | ||
More | ||||