PIMCO CORPORATE & INCOME STR (PCN)

US72200U1007

13.47  +0.03 (+0.22%)

Technical Rating and Analysis

8

Overall PCN gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PCN is only an average performer.

The long and short term trends are both positive. This is looking good!
PCN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PCN is lagging the market slightly.
When comparing the performance of all stocks over the past year, PCN turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
In the last month PCN has a been trading in a tight range between 12.99 and 13.56.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
PCN Weekly chart
PCN Daily chart
Setup Rating and Analysis

8

PCN has an excellent technical rating and also presents 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 13.57. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.44, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

11.92

14.06

4 important support areas can be observed.

  • A support zone ranging from 13.36 to 13.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @12.53 from a horizontal line in the daily time frame.
  • Support @12.26 from a horizontal line in the weekly time frame.
  • A support zone ranging from 12.04 to 12.04. This zone is formed by a combination of multiple trend lines in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 13.57 to 13.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 13.90 to 13.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.67
Mansfield-0.89
10 Day High13.49
10 Day Low13.2
20 Day High13.56
20 Day Low12.99
52 Week High14.48
52 Week Low10.7
Performance
1 Week0.97%
2 Weeks0.6%
1 Month3.78%
3 Month10.32%
6 Month-1.17%
12 Month1.74%
2 Year-13.82%
3 Year-22%
5 Year-20.9%
10 Year-21.46%
15 Year77.24%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)70.56
LBB13.24
UBB13.55
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
13.6913.350.34 (2.48%)25.00%
An entry @13.69. This is a Buy Stop order right above the resistance zone.An exit @13.35. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.34 points, which is 2.48%.For a 0.62% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PCN Daily chart

PIMCO CORPORATE & INCOME STR

NYSE:PCN (2/23/2024, 7:04:47 PM)

13.47

+0.03 (+0.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.22%
1 Week0.97%
2 Weeks0.6%
1 Month3.78%
3 Month10.32%
6 Month-1.17%
12 Month1.74%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.11
ATR(20)%0.86%
ATR Inc
Range Today0.07
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High13.49
10 Day Low13.2
20 Day High13.56
20 Day Low12.99
52 Week High14.48
52 Week Low10.7
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume136.60K
Volume Incr-29.83%
Vol(5)153.72K
Vol(50)247.77K