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PIMCO MUNI INCOME FUND III (PMX) Stock Technical Analysis

NYSE:PMX - New York Stock Exchange, Inc. - US72201A1034 - Currency: USD

6.77  +0.08 (+1.2%)

Technical Rating and Analysis

0

Taking everything into account, PMX scores 0 out of 10 in our technical rating. PMX'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, PMX is a bad performer in the overall market: 65% of all stocks are doing better.
PMX is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
PMX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Weekly and Daily overview Charts
PIMCO MUNI INCOME FUND III / PMX Weekly stock chart
PIMCO MUNI INCOME FUND III / PMX Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is bad, PMX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 6.54, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PMX in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

6.47

8.15

We found 1 important support area.

  • A support zone ranging from 6.54 to 6.54. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 7.09 to 7.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 7.44 to 7.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @8.07 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.05
Mansfield-0.82
10 Day High6.84
10 Day Low6.4
20 Day High7.27
20 Day Low6.37
52 Week High8.52
52 Week Low6.37
Performance
1 Week1.2%
2 Weeks1.2%
1 Month-5.05%
3 Month-7.51%
6 Month-14.74%
12 Month-9.97%
2 Year-16.83%
3 Year-26.17%
5 Year-35.83%
10 Year-40.77%
15 Year-37.83%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)42.29
LBB6.46
UBB6.95
PIMCO MUNI INCOME FUND III / PMX Daily stock chart

PIMCO MUNI INCOME FUND III

NYSE:PMX (4/24/2025, 8:04:00 PM)

6.77

+0.08 (+1.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.2%
1 Week1.2%
2 Weeks1.2%
1 Month-5.05%
3 Month-7.51%
6 Month-14.74%
12 Month-9.97%
2 Year-16.83%
3 Year-26.17%
5 Year-35.83%
10 Year-40.77%
15 Year-37.83%
Volatility
ATR(14)0.19
ATR(20)%2.33%
ATR Inc-10.22%
Range Today0.12
ADR(20)0.15
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.05
Mansfield-0.82
10 Day High6.84
10 Day Low6.4
20 Day High7.27
20 Day Low6.37
52 Week High8.52
52 Week Low6.37
CS1 End6.54
CR1 Start7.09
Volume & EV
DER(3)7.06%
DER(5)3.9%
Volume61.30K
Volume Incr-24.56%
Vol(5)115.86K
Vol(50)117.95K