Putnam Sustainable Leaders ETF Price & Performance (PLDR)

The Putnam Sustainable Leaders ETF (PLDR) is seeing resistance levels near $33.15, signaling potential short opportunities. Analysts suggest caution as buying at current levels may resemble "catching a falling knife." Short-term trading plans indicate a buy above $30.93 with a target of $31.55, while resistance tests might trigger selling.1

Recent technical analysis for PLDR suggests weak performance in the short and mid-term, with long-term indicators remaining strong. Resistance levels at $33.66 signal potential short positions for traders. Buying signals may emerge if resistance breaks higher, but the stock remains vulnerable to downward pressure.2

PLDR's trading patterns indicate fluctuating resistance levels, with $31.55 and $33.66 as key benchmarks. Analysts recommend monitoring for upward resistance breaks to trigger buy signals. However, caution is warranted as the stock's technical data highlights risks of further declines without clear support levels.12