PIMCO DYNAMIC INCOME FUND (PDI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PDI - US72201Y1010
Taking everything into account, PDI scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. PDI was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, PDI is a bad performer in the overall market: 72% of all stocks are doing better.
- PDI has an average volume of 2974350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- 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 17.69 and 18.28.
PDI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 18.20, a Stop Loss order could be placed below this zone.
More info and screens
17.44
We found 1 important support area.
- A support zone ranging from 17.62 to 18.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- Resistance @18.47 from a horizontal line in the daily time frame.
- Resistance @19.06 from a horizontal line in the daily time frame.
- A resistance zone ranging from 20.05 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 | UP | POSITIVE | The short term trend for PDI is up. |
| ChartMill Relative Strength | 28.83 | NEGATIVE | PDI has a low relative strength, it was outperformed by 71.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PDI is above 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) | UP | MIXED | The current price of PDI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.59 | NEUTRAL | The RSI value for PDI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PDI has a positive trend. |
| Stochastics (14,3) | 71.79 | NEUTRAL | The Stochastics value for PDI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.63 | LOW VOLATILITY | The low ATR as a percentage value for PDI suggests low volalility. |
| Average Directional Index/ADX (14) | 16.17 | NEGATIVE | The low ADX value for PDI suggests a weak or negative trend. |
18.24
+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 3 / 10 to PDI.
What is the trend direction for 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 61.5917. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PIMCO DYNAMIC INCOME FUND?
The MACD indicator for PIMCO DYNAMIC INCOME FUND (PDI) has a value of 0.0117567, indicating a bearish trend.
What is the short term momentum for PIMCO DYNAMIC INCOME FUND (PDI) stock?
The short term momentum for PIMCO DYNAMIC INCOME FUND (PDI) is positive.