PIMCO MUNICIPAL INCOME FUND (PMF) Stock Technical Analysis
NYSE:PMF - New York Stock Exchange, Inc. - US72200R1077 - Currency: USD
Taking everything into account, PMF scores 0 out of 10 in our technical rating. PMF'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.
PMF 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 7.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.85, a Stop Loss order could be placed below this zone.
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7.67
When analyzing the support we notice one important area.
- A support zone ranging from 7.75 to 7.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 7.87 to 8.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.25 to 8.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.09 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 | DOWN | NEGATIVE | The long term trend for PMF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PMF is down. |
| ChartMill Relative Strength | 17.61 | NEGATIVE | PMF has a low relative strength, it was outperformed by 82.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PMF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PMF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PMF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.11 | NEUTRAL | The RSI value for PMF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PMF has a positive trend. |
| Stochastics (14,3) | 40.46 | NEUTRAL | The Stochastics value for PMF is a neutral value. |
| Average True Range in percent/ATR (20) | 0.93 | LOW VOLATILITY | The low ATR as a percentage value for PMF suggests low volalility. |
| Average Directional Index/ADX (14) | 31.26 | POSITIVE | The high ADX value value for PMF suggests a strong trend. |
NYSE:PMF (6/27/2025, 8:04:00 PM)
7.87
-0.01 (-0.13%)