PIONEER HIGH INCOME FUND (PHT) Stock Technical Analysis
USA - NYSE:PHT - US72369H1068
We assign a technical rating of 6 out of 10 to PHT. Although PHT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
PHT has an average technical rating and also the quality of the setup is only medium 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
7.05
We found 5 important support areas.
- A support zone ranging from 8.22 to 8.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.99 to 8.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 7.78 to 7.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @7.32 from a horizontal line in the weekly time frame.
- A support zone ranging from 7.12 to 7.14. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.33 to 8.40. 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 PHT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PHT is up. |
| ChartMill Relative Strength | 51.21 | NEUTRAL | PHT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PHT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PHT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PHT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.73 | NEUTRAL | The RSI value for PHT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PHT has a negative trend. |
| Stochastics (14,3) | 65.76 | NEUTRAL | The Stochastics value for PHT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.55 | LOW VOLATILITY | The low ATR as a percentage value for PHT suggests low volalility. |
| Average Directional Index/ADX (14) | 20.25 | NEUTRAL | The ADX value for PHT suggests a possible start of a new trend. |
8.32
-0.07 (-0.83%)
PIONEER HIGH INCOME FUND / PHT FAQ
What is the ChartMill technical rating of PIONEER HIGH INCOME FUND (PHT) stock?
ChartMill assigns a technical rating of 6 / 10 to PHT.
What is the current trend direction of PIONEER HIGH INCOME FUND (PHT) stock?
The current trend direction for PIONEER HIGH INCOME FUND (PHT) is Bullish.
What is the RSI signal for PIONEER HIGH INCOME FUND (PHT) stock?
PIONEER HIGH INCOME FUND (PHT) has an RSI value of 51.7318. This indicates that the stock is currently neutral.
What is the MACD signal for PHT stock?
The MACD indicator for PIONEER HIGH INCOME FUND (PHT) has a value of -0.00472331, indicating a bearish trend.
What is the short term momentum for PIONEER HIGH INCOME FUND (PHT) stock?
The short term momentum for PIONEER HIGH INCOME FUND (PHT) is positive.