BBLX PRIVATE CREDIT CLO ETF (PCMM) Stock Technical Analysis
NASDAQ:PCMM - Nasdaq - US09789C6710 - ETF - Currency: USD
Taking everything into account, PCMM scores 4 out of 10 in our technical rating. In the last year, PCMM was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
PCMM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 50.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 50.63, a Stop Loss order could be placed below this zone.
More info and screens
48.36
We found 1 important support area.
- A support zone ranging from 48.85 to 50.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 50.80 to 51.32. 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 | UP | POSITIVE | The long term trend for PCMM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PCMM is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | PCMM has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PCMM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PCMM is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 55.21 | NEUTRAL | The RSI value for PCMM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PCMM has a positive trend. |
| Stochastics (14,3) | 74.02 | NEUTRAL | The Stochastics value for PCMM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.01 | LOW VOLATILITY | The low ATR as a percentage value for PCMM suggests low volalility. |
| Average Directional Index/ADX (14) | 26.92 | POSITIVE | The high ADX value value for PCMM suggests a strong trend. |
NASDAQ:PCMM (7/18/2025, 4:30:01 PM)
50.7666
+0.08 (+0.15%)