PIMCO MTH ENHNCD INC (PMEI-UN.CA) Stock Technical Analysis
TSX:PMEI-UN - Toronto Stock Exchange - CA72203W1032 - Currency: CAD
Taking everything into account, PMEI-UN scores 4 out of 10 in our technical rating. PMEI-UN has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
PMEI-UN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 9.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.98, a Stop Loss order could be placed below this zone.
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8.41
2 important support areas can be observed.
- A support zone ranging from 8.82 to 8.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.49 to 8.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 9.03 to 9.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.35 from a horizontal line in the daily time frame.
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 PMEI-UN.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PMEI-UN.CA is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | PMEI-UN.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PMEI-UN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PMEI-UN.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 54.99 | NEUTRAL | The RSI value for PMEI-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PMEI-UN.CA has a positive trend. |
| Stochastics (14,3) | 76.65 | NEUTRAL | The Stochastics value for PMEI-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.76 | LOW VOLATILITY | The low ATR as a percentage value for PMEI-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 15.78 | NEGATIVE | The low ADX value for PMEI-UN.CA suggests a weak or negative trend. |
TSX:PMEI-UN (7/16/2025, 7:00:00 PM)
9.02
0 (0%)