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'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.
Although the technical rating is bad, PCM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
5.86
When analyzing the support we can see 2 important areas.
- Support @6.07 from a trend line in the daily time frame.
- A support zone ranging from 5.92 to 5.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 6.11 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 | 20.11 | NEGATIVE | PCM has a low relative strength, it was outperformed by 79.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PCM is below 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) | 43.47 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 63.89 | NEUTRAL | The Stochastics value for PCM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.95 | LOW VOLATILITY | The low ATR as a percentage value for PCM suggests low volalility. |
| Average Directional Index/ADX (14) | 10.75 | NEGATIVE | The low ADX value for PCM suggests a weak or negative trend. |
6.1
-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 43.4716. 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 0.00828063, 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 6.07 and a resistance level at 6.11. Check the full technical report for our detailed analysis of PCM support and resistance levels.