PIMCO CALIFORNIA MUNI INC FD (PCQ) Stock Technical Analysis
NYSE:PCQ - New York Stock Exchange, Inc. - US72200N1063 - Currency: USD
Taking everything into account, PCQ scores 0 out of 10 in our technical rating. PCQ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
71% of all other stocks performed better in the past year than PCQ.
PCQ is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PCQ is lagging the market.
In the last month PCQ has a been trading in a tight range between 8.32 and 8.80.
PCQ has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
8.09
10.37
We found 1 important support area.
- A support zone ranging from 8.17 to 8.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 8.53 to 8.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.90 to 8.97. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 9.21 to 9.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.27 from a horizontal line in the weekly time frame.
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 PCQ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PCQ is down. |
| ChartMill Relative Strength | 29.38 | NEGATIVE | PCQ has a low relative strength, it was outperformed by 70.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PCQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PCQ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PCQ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.16 | NEUTRAL | The RSI value for PCQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PCQ has a negative trend. |
| Stochastics (14,3) | 22.63 | NEUTRAL | The Stochastics value for PCQ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.24 | LOW VOLATILITY | The low ATR as a percentage value for PCQ suggests low volalility. |
| Average Directional Index/ADX (14) | 19.4 | NEGATIVE | The low ADX value for PCQ suggests a weak or negative trend. |
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)
8.45
+0.04 (+0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.48%
1 Week-2.21%
2 Weeks-2.66%
1 Month-2.89%
3 Month-9.67%
6 Month-13.39%
12 Month-7.28%
2 Year-13.92%
3 Year-46.02%
5 Year-47.76%
10 Year-44.3%
15 Year-37.47%
Volatility
ATR(14)0.11
ATR(20)%1.24%
ATR Inc7.44%
Range Today0.02
ADR(20)0.1
ADR(20)%1.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.38
Mansfield-1.22
10 Day High8.73
10 Day Low8.32
20 Day High8.8
20 Day Low8.32
52 Week High10.24
52 Week Low8.13
CS1 End8.23
CR1 Start8.53
Volume & EV
DER(3)-1.44%
DER(5)-1.86%
Volume1.73K
Volume Incr41.63%
Vol(5)94.14K
Vol(50)87.34K