PIMCO CORPORATE & INCOME OPP (PTY) Stock Technical Analysis
NYSE:PTY - New York Stock Exchange, Inc. - US72201B1017 - Currency: USD
Overall PTY gets a technical rating of 2 out of 10. In the past year, PTY was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, PTY does present a nice setup opportunity. 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 13.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.82, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PTY 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.
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12.57
We found 3 important support areas.
- A support zone ranging from 13.66 to 13.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.15 from a horizontal line in the weekly time frame.
- A support zone ranging from 12.70 to 12.83. 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 13.84 to 13.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 14.32 to 15.05. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for PTY is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PTY is up. |
| ChartMill Relative Strength | 31.07 | NEUTRAL | PTY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PTY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PTY is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PTY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.25 | NEUTRAL | The RSI value for PTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PTY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.77 | NEUTRAL | The Stochastics value for PTY is a neutral value. |
| Average True Range in percent/ATR (20) | 0.74 | LOW VOLATILITY | The low ATR as a percentage value for PTY suggests low volalility. |
| Average Directional Index/ADX (14) | 19.47 | NEGATIVE | The low ADX value for PTY suggests a weak or negative trend. |
NYSE:PTY (6/5/2025, 8:04:00 PM)
13.83
-0.04 (-0.29%)