PIMCO INCOME STRATEGY FD II (PFN) Stock Technical Analysis
USA - NYSE:PFN - US72201J1043
Taking everything into account, PFN scores 4 out of 10 in our technical rating. PFN has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, PFN does present a nice setup opportunity. 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 7.52. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.51, a Stop Loss order could be placed below this zone.
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6.95
When analyzing the support we can see 3 important areas.
- A support zone ranging from 7.43 to 7.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.23 to 7.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @7.02 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.52 to 7.72. This zone is formed by a combination of multiple trend lines and important moving averages 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 PFN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PFN is neutral. |
| ChartMill Relative Strength | 44.58 | NEUTRAL | PFN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PFN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PFN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PFN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52 | NEUTRAL | The RSI value for PFN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PFN has a positive trend. |
| Stochastics (14,3) | 92.29 | OVERBOUGHT | The high Stochastics value suggests PFN may be overbought. |
| Average True Range in percent/ATR (20) | 0.99 | LOW VOLATILITY | The low ATR as a percentage value for PFN suggests low volalility. |
| Average Directional Index/ADX (14) | 35.53 | POSITIVE | The high ADX value value for PFN suggests a strong trend. |
7.52
+0.02 (+0.27%)
PIMCO INCOME STRATEGY FD II / PFN FAQ
What is the ChartMill technical rating of PIMCO INCOME STRATEGY FD II (PFN) stock?
ChartMill assigns a technical rating of 4 / 10 to PFN.
What is the current trend direction of PIMCO INCOME STRATEGY FD II (PFN) stock?
The current trend direction for PIMCO INCOME STRATEGY FD II (PFN) is Bullish.
Can you provide the RSI signal for PIMCO INCOME STRATEGY FD II?
PIMCO INCOME STRATEGY FD II (PFN) has an RSI value of 52.0005. This indicates that the stock is currently neutral.
What is the short term momentum for PFN stock?
The short term momentum for PIMCO INCOME STRATEGY FD II (PFN) is neutral.