PCM FUND INC (PCM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PCM - US69323T1016
We assign a technical rating of 0 out of 10 to PCM. PCM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
PCM 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 6.17. Right above this resistance zone may be a good entry point.
More info and screens
5.86
We found 1 important support area.
- A support zone ranging from 5.92 to 5.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 6.17 to 6.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.36 from a horizontal line in the daily time frame.
- A resistance zone ranging from 6.71 to 6.76. 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 PCM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PCM is down. |
| ChartMill Relative Strength | 22.37 | NEGATIVE | PCM has a low relative strength, it was outperformed by 77.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PCM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PCM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PCM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.69 | NEUTRAL | The RSI value for PCM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PCM has a positive trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for PCM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.89 | LOW VOLATILITY | The low ATR as a percentage value for PCM suggests low volalility. |
| Average Directional Index/ADX (14) | 10.38 | NEGATIVE | The low ADX value for PCM suggests a weak or negative trend. |
6.13
+0.03 (+0.49%)
PCM FUND INC / PCM FAQ
What is the ChartMill technical rating of PCM FUND INC (PCM) stock?
ChartMill assigns a technical rating of 0 / 10 to PCM.
What is the trend direction for PCM stock?
The current trend direction for PCM FUND INC (PCM) is Bearish.
Can you provide the RSI signal for PCM FUND INC?
PCM FUND INC (PCM) has an RSI value of 48.6923. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PCM FUND INC?
The MACD indicator for PCM FUND INC (PCM) has a value of 0.00878269, indicating a bearish trend.
Can you provide the support and resistance levels for PCM FUND INC?
PCM FUND INC (PCM) has a support level at 5.97 and a resistance level at 6.17. Check the full technical report for our detailed analysis of PCM support and resistance levels.