PIMCO NEW YORK MUNI INC FD (PNF) Stock Technical Analysis
NYSE:PNF - New York Stock Exchange, Inc. - US72200T1034 - Currency: USD
Overall PNF gets a technical rating of 1 out of 10. PNF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, PNF is a bad performer in the overall market: 79% of all stocks are doing better.
PNF is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month PNF has a been trading in a tight range between 6.85 and 7.02.
Although the technical rating is bad, PNF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 6.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.95, a Stop Loss order could be placed below this zone.
More info and screens
6.65
8.39
We found 2 important support areas.
- A support zone ranging from 6.92 to 6.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 6.72 to 6.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 6.98 to 7.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.23 to 7.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.55 from a horizontal line in the daily time frame.
- A resistance zone ranging from 7.79 to 7.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.01 from a horizontal line in the daily time frame.
- Resistance @8.31 from a horizontal line in the weekly 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 PNF is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PNF is neutral. |
| ChartMill Relative Strength | 21.19 | NEGATIVE | PNF has a low relative strength, it was outperformed by 78.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PNF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PNF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PNF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.04 | NEUTRAL | The RSI value for PNF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PNF has a positive trend. |
| Stochastics (14,3) | 55.65 | NEUTRAL | The Stochastics value for PNF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.03 | LOW VOLATILITY | The low ATR as a percentage value for PNF suggests low volalility. |
| Average Directional Index/ADX (14) | 22.7 | NEUTRAL | The ADX value for PNF suggests a possible start of a new trend. |
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)
NYSE:PNF (6/27/2025, 8:04:00 PM)
6.97
+0.04 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.65%
1 Week0.81%
2 Weeks0.29%
1 Month0.58%
3 Month-6.44%
6 Month-5.81%
12 Month-10.93%
2 Year-18.76%
3 Year-23.91%
5 Year-39.39%
10 Year-37.49%
15 Year-36.58%
Volatility
ATR(14)0.07
ATR(20)%1.03%
ATR Inc-16.76%
Range Today0.05
ADR(20)0.07
ADR(20)%0.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.19
Mansfield-1.47
10 Day High7.02
10 Day Low6.87
20 Day High7.02
20 Day Low6.85
52 Week High8.39
52 Week Low6.65
CS1 End6.95
CR1 Start6.98
Volume & EV
DER(3)-1.31%
DER(5)-1.24%
Volume20.00K
Volume Incr-3.75%
Vol(5)23.60K
Vol(50)33.31K