PIMCO DYNAMIC INCOME FUND (PDI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PDI - US72201Y1010
Overall PDI gets a technical rating of 0 out of 10. PDI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, PDI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 18.00, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PDI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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16.85
When analyzing the support we can see 2 important areas.
- A support zone ranging from 17.62 to 18.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.02 to 17.02. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @19.06 from a horizontal line in the daily time frame.
- A resistance zone ranging from 19.89 to 20.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 20.60 to 20.60. This zone is formed by a combination of multiple trend lines 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 PDI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PDI is down. |
| ChartMill Relative Strength | 26.3 | NEGATIVE | PDI has a low relative strength, it was outperformed by 73.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PDI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PDI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PDI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.32 | NEUTRAL | The RSI value for PDI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests PDI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.26 | OVERBOUGHT | The high Stochastics value suggests PDI may be overbought. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for PDI suggests low volalility. |
| Average Directional Index/ADX (14) | 42.34 | POSITIVE | The high ADX value value for PDI suggests a strong trend. |
18.07
-0.04 (-0.22%)
PIMCO DYNAMIC INCOME FUND / PDI FAQ
What is the ChartMill technical rating of PIMCO DYNAMIC INCOME FUND (PDI) stock?
ChartMill assigns a technical rating of 0 / 10 to PDI.
What is the current trend direction of PIMCO DYNAMIC INCOME FUND (PDI) stock?
The current trend direction for PIMCO DYNAMIC INCOME FUND (PDI) is Bearish.
What is the RSI signal for PDI stock?
PIMCO DYNAMIC INCOME FUND (PDI) has an RSI value of 46.3241. This indicates that the stock is currently neutral.
What is the MACD signal for PIMCO DYNAMIC INCOME FUND (PDI) stock?
The MACD indicator for PIMCO DYNAMIC INCOME FUND (PDI) has a value of 0.0767597, indicating a bearish trend.
What are the support and resistance levels for PIMCO DYNAMIC INCOME FUND (PDI) stock?
PIMCO DYNAMIC INCOME FUND (PDI) has a support level at 18 and a resistance level at 19.06. Check the full technical report for our detailed analysis of PDI support and resistance levels.