PIMCO DYNAMIC INCOME FUND (PDI) Stock Technical Analysis
NYSE:PDI - New York Stock Exchange, Inc. - US72201Y1010 - Currency: USD
We assign a technical rating of 5 out of 10 to PDI. In the last year, PDI was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
PDI has an average volume of 1800390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, PDI outperforms 44% of them, which is more or less in line with the market.
PDI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PDI is lagging the market.
In the last month PDI has a been trading in a tight range between 18.92 and 19.38.
PDI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 19.02, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
17.57
21.06
3 important support areas can be observed.
- A support zone ranging from 18.89 to 19.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.26 to 18.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.75 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 19.16 to 19.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @19.83 from a horizontal line in the daily time frame.
- A resistance zone ranging from 20.60 to 20.85. 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 PDI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PDI is neutral. |
| ChartMill Relative Strength | 44.02 | NEUTRAL | PDI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PDI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PDI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PDI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.44 | NEUTRAL | The RSI value for PDI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PDI has a negative trend. |
| Stochastics (14,3) | 17.71 | OVERSOLD | The low Stochastics value suggests PDI may be oversold. |
| Average True Range in percent/ATR (20) | 0.43 | LOW VOLATILITY | The low ATR as a percentage value for PDI suggests low volalility. |
| Average Directional Index/ADX (14) | 17.17 | NEGATIVE | The low ADX value for PDI 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)
19.15
+0.03 (+0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.16%
1 Week-0.78%
2 Weeks-0.26%
1 Month1.22%
3 Month1.54%
6 Month-1.79%
12 Month1.81%
2 Year6.21%
3 Year-11.59%
5 Year-21.26%
10 Year-31.44%
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%0.43%
ATR Inc-17.47%
Range Today0.08
ADR(20)0.07
ADR(20)%0.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.02
Mansfield-0.93
10 Day High19.38
10 Day Low19.06
20 Day High19.38
20 Day Low18.92
52 Week High20.9
52 Week Low16
CS1 End19.02
CR1 Start19.16
Volume & EV
DER(3)0.99%
DER(5)2.81%
Volume1.65M
Volume Incr16.54%
Vol(5)2.06M
Vol(50)1.80M