PIMCO HIGH INCOME FUND (PHK) Technical Analysis
NYSE:PHK • US7220141078
Current stock price
PHK Technical Rating and Analysis
Overall PHK gets a technical rating of 1 out of 10. PHK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, PHK is a bad performer in the overall market: 74% of all stocks are doing better.
- In the last month PHK has a been trading in the 4.41 - 4.74 range, which is quite wide. It is currently trading near the high of this range.
- PHK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PHK is lagging the market.
PHK Weekly and Daily overview Charts
PHK Setup Rating and Analysis
PHK 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 resistance zone just above the current price starting at 4.66. Right above this resistance zone may be a good entry point.
More info and screens
PHK Support and Resistance Analysis
4.39
We found 1 important support area.
- A support zone ranging from 4.43 to 4.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 4.66 to 4.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.96 to 5.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
PHK Technical Indicator Signal Analysis
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 PHK is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PHK is neutral. |
| ChartMill Relative Strength | 26.65 | NEGATIVE | PHK has a low relative strength, it was outperformed by 73.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PHK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PHK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PHK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.63 | NEUTRAL | The RSI value for PHK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PHK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.82 | NEUTRAL | The Stochastics value for PHK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for PHK suggests low volalility. |
| Average Directional Index/ADX (14) | 41 | POSITIVE | The high ADX value value for PHK suggests a strong trend. |
PHK Chart- and CandleStick Pattern Analysis
PHK Technicals: Chart, Performance Metrics, Trend & Indicators
4.63
-0.03 (-0.64%)
PIMCO HIGH INCOME FUND / PHK TA FAQ
What is the ChartMill technical rating of PIMCO HIGH INCOME FUND (PHK) stock?
ChartMill assigns a technical rating of 1 / 10 to PHK.
What is the current trend direction of PIMCO HIGH INCOME FUND (PHK) stock?
The current trend direction for PIMCO HIGH INCOME FUND (PHK) is Bearish.
What is the RSI signal for PIMCO HIGH INCOME FUND (PHK) stock?
PIMCO HIGH INCOME FUND (PHK) has an RSI value of 46.6286. This indicates that the stock is currently neutral.
What is the MACD signal for PHK stock?
The MACD indicator for PIMCO HIGH INCOME FUND (PHK) has a value of 0.0202712, indicating a bearish trend.