PIMCO HIGH INCOME FUND (PHK) Stock Technical Analysis
USA - NYSE:PHK - US7220141078
Taking everything into account, PHK scores 1 out of 10 in our technical rating. PHK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of PHK is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
4.67
We found 1 important support area.
- Support @4.72 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.82 to 4.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.98 to 4.99. 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 | NEUTRAL | NEUTRAL | The long term trend for PHK is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PHK is down. |
| ChartMill Relative Strength | 39.42 | NEUTRAL | PHK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PHK is below 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) | 35.18 | NEUTRAL | The RSI value for PHK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PHK has a negative trend. |
| Stochastics (14,3) | 13.83 | OVERSOLD | The low Stochastics value suggests PHK may be oversold. |
| Average True Range in percent/ATR (20) | 0.99 | LOW VOLATILITY | The low ATR as a percentage value for PHK suggests low volalility. |
| Average Directional Index/ADX (14) | 20.55 | NEUTRAL | The ADX value for PHK suggests a possible start of a new trend. |
4.78
0 (0%)
PIMCO HIGH INCOME FUND / PHK 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 trend direction for PHK stock?
The current trend direction for PIMCO HIGH INCOME FUND (PHK) is Bearish.
What is the RSI signal for PHK stock?
PIMCO HIGH INCOME FUND (PHK) has an RSI value of 35.1836. 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 -0.00523227, indicating a bearish trend.
What is the short term momentum for PIMCO HIGH INCOME FUND (PHK) stock?
The short term momentum for PIMCO HIGH INCOME FUND (PHK) is negative.