PIMCO DYNAMIC INCOME OPPORT (PDO) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:PDO • US69355M1071
Taking everything into account, PDO scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PDO is only an average performer.
- The long and short term trends are both positive. This is looking good!
- PDO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When comparing the performance of all stocks over the past year, PDO turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
- In the last month PDO has a been trading in a tight range between 13.88 and 14.10.
PDO 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 14.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.06, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PDO in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
12.50
3 important support areas can be observed.
- A support zone ranging from 13.90 to 14.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.48 to 13.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 12.63 to 12.70. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 14.09 to 14.35. 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 PDO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PDO is up. |
| ChartMill Relative Strength | 42.48 | NEUTRAL | PDO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PDO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PDO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PDO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.1 | NEUTRAL | The RSI value for PDO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PDO has a positive trend. |
| Stochastics (14,3) | 87.72 | OVERBOUGHT | The high Stochastics value suggests PDO may be overbought. |
| Average True Range in percent/ATR (20) | 0.48 | LOW VOLATILITY | The low ATR as a percentage value for PDO suggests low volalility. |
| Average Directional Index/ADX (14) | 11.12 | NEGATIVE | The low ADX value for PDO suggests a weak or negative trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 14.10 | 13.90 | 0.20 (1.42%) | 25.00% |
| An entry @14.10. This is a Buy Stop order right above the 10 day high. | An exit @13.90. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.20 points, which is 1.42%. | For a 0.35% 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.
14.09
+0.06 (+0.43%)
PIMCO DYNAMIC INCOME OPPORT / PDO FAQ
Can you provide the ChartMill technical rating for PIMCO DYNAMIC INCOME OPPORT?
ChartMill assigns a technical rating of 7 / 10 to PDO.
What is the trend direction for PDO stock?
The current trend direction for PIMCO DYNAMIC INCOME OPPORT (PDO) is Bullish.
What is the RSI signal for PIMCO DYNAMIC INCOME OPPORT (PDO) stock?
PIMCO DYNAMIC INCOME OPPORT (PDO) has an RSI value of 63.1031. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PIMCO DYNAMIC INCOME OPPORT?
The MACD indicator for PIMCO DYNAMIC INCOME OPPORT (PDO) has a value of 0.00682535, indicating a bearish trend.
What are the support and resistance levels for PIMCO DYNAMIC INCOME OPPORT (PDO) stock?
PIMCO DYNAMIC INCOME OPPORT (PDO) has a support level at 14.06 and a resistance level at 14.09. Check the full technical report for our detailed analysis of PDO support and resistance levels.