NYSE
Putnam Managed Municipal Income Closed Fund has been moving sideways between $5.60 and $7.40 since 4 Jun 2023.
Since 2020, NasdaqScan has found 3 sideways ranges in PMM. Completed ranges lasted 550 days on average, from 490 to 609 days. Of those 2, 1 broke downward and 1 ended without a clear breakout. The current range is 32% wide from low to high. NasdaqScan detected one breakout pattern in Putnam Managed Municipal Income Closed Fund, on 26 Jun 2022 after 427 days of sideways movement.
Charts are only kept for recent breakouts, so there is no chart for this signal.
| Range | Formed | Ended | How it ended | Breakout signals |
|---|---|---|---|---|
| $5.60 – $7.40 | 4 Jun 2023 | Still sideways | — | — |
| $8.22 – $8.92 | 5 Dec 2021 | 6 Aug 2023 (609 days) | Broke below the range at $6.28 | 26 Jun 2022 (Go ahead) |
| $5.92 – $8.44 | 8 Nov 2020 | 13 Mar 2022 (490 days) | Range invalidated at $7.55 | — |
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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.