PIMCO CALIFORNIA MUNICIPA II (PCK) Stock Technical Analysis
NYSE:PCK - New York Stock Exchange, Inc. - US72200M1080 - Currency: USD
We assign a technical rating of 0 out of 10 to PCK. PCK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, PCK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.34, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PCK 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.
More info and screens
5.20
When analyzing the support we notice one important area.
- A support zone ranging from 5.25 to 5.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 5.32 to 5.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.75 to 5.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 5.97 to 6.05. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for PCK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PCK is down. |
| ChartMill Relative Strength | 27.24 | NEGATIVE | PCK has a low relative strength, it was outperformed by 72.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PCK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PCK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PCK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.83 | NEUTRAL | The RSI value for PCK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PCK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.33 | NEUTRAL | The Stochastics value for PCK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.07 | LOW VOLATILITY | The low ATR as a percentage value for PCK suggests low volalility. |
| Average Directional Index/ADX (14) | 34.33 | POSITIVE | The high ADX value value for PCK suggests a strong trend. |
NYSE:PCK (6/6/2025, 9:58:11 AM)
5.32
-0.03 (-0.56%)