PIONEER FLOATING RATE FUND (PHD) Stock Technical Analysis
USA - NYSE:PHD - US72369J1025
Overall PHD gets a technical rating of 6 out of 10. Although PHD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, PHD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 9.94, a Stop Loss order could be placed below this zone.
More info and screens
9.54
We found 2 important support areas.
- A support zone ranging from 9.90 to 9.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.64 to 9.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 9.95 to 10.01. 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 PHD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PHD is neutral. |
| ChartMill Relative Strength | 41.18 | NEUTRAL | PHD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PHD is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PHD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PHD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.88 | NEUTRAL | The RSI value for PHD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PHD has a negative trend. |
| Stochastics (14,3) | 51.85 | NEUTRAL | The Stochastics value for PHD is a neutral value. |
| Average True Range in percent/ATR (20) | 0.35 | LOW VOLATILITY | The low ATR as a percentage value for PHD suggests low volalility. |
| Average Directional Index/ADX (14) | 12.7 | NEGATIVE | The low ADX value for PHD 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 |
|---|---|---|---|
| 9.97 | 9.90 | 0.06 (0.65%) | 25.00% |
| An entry @9.96. This is a Buy Stop order right above the 10 day moving average. | An exit @9.90. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.06 points, which is 0.65%. | For a 0.16% 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.
9.95
-0.01 (-0.1%)
PIONEER FLOATING RATE FUND / PHD FAQ
Can you provide the ChartMill technical rating for PIONEER FLOATING RATE FUND?
ChartMill assigns a technical rating of 6 / 10 to PHD.
What is the trend direction for PHD stock?
The current trend direction for PIONEER FLOATING RATE FUND (PHD) is Bullish.
What is the RSI signal for PIONEER FLOATING RATE FUND (PHD) stock?
PIONEER FLOATING RATE FUND (PHD) has an RSI value of 50.8784. This indicates that the stock is currently neutral.
What is the MACD signal for PHD stock?
The MACD indicator for PIONEER FLOATING RATE FUND (PHD) has a value of -0.00337687, indicating a bearish trend.
What is the short term momentum for PIONEER FLOATING RATE FUND (PHD) stock?
The short term momentum for PIONEER FLOATING RATE FUND (PHD) is neutral.