PIMCO CALIFORNIA MUNICIPA II (PCK) Stock Technical Analysis
USA - NYSE:PCK - US72200M1080
Overall PCK gets a technical rating of 0 out of 10. PCK'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.
PCK has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 5.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.26, 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
5.15
We found 1 important support area.
- A support zone ranging from 5.20 to 5.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 5.29 to 5.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.58 from a horizontal line in the daily time frame.
- Resistance @5.68 from a trend line in the weekly time frame.
- Resistance @5.84 from a horizontal line in the daily time frame.
- A resistance zone ranging from 5.97 to 6.00. 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 | 18.58 | NEGATIVE | PCK has a low relative strength, it was outperformed by 81.42% 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) | 43.3 | NEUTRAL | The RSI value for PCK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PCK has a positive trend. |
| Stochastics (14,3) | 35.29 | NEUTRAL | The Stochastics value for PCK is a neutral value. |
| Average True Range in percent/ATR (20) | 0.93 | LOW VOLATILITY | The low ATR as a percentage value for PCK suggests low volalility. |
| Average Directional Index/ADX (14) | 35.61 | POSITIVE | The high ADX value value for PCK suggests a strong trend. |
5.27
+0.01 (+0.19%)