PIMCO CORPORATE & INCOME OPP (PTY) Technical Analysis
NYSE:PTY • US72201B1017
Overall PTY gets a technical rating of 0 out of 10. PTY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, PTY is a bad performer in the overall market: 79% of all stocks are doing better.
- PTY is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PTY is lagging the market.
- In the last month PTY has a been trading in the 12.34 - 13.15 range, which is quite wide. It is currently trading near the lows of this range.
- PTY has an average volume of 1326330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of PTY is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
12.40
We found 1 important support area.
- A support zone ranging from 12.53 to 12.53. 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 12.88 to 13.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.60 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 PTY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PTY is down. |
| ChartMill Relative Strength | 21.88 | NEGATIVE | PTY has a low relative strength, it was outperformed by 78.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PTY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PTY is below 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) | 18.84 | OVERSOLD | The low RSI value suggests PTY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests PTY has a negative trend. |
| Stochastics (14,3) | 20.62 | NEUTRAL | The Stochastics value for PTY is a neutral value. |
| Average True Range in percent/ATR (20) | 0.78 | LOW VOLATILITY | The low ATR as a percentage value for PTY suggests low volalility. |
| Average Directional Index/ADX (14) | 28.06 | POSITIVE | The high ADX value value for PTY suggests a strong trend. |
PTY Technicals: Chart, Performance Metrics, Trend & Indicators
12.54
-0.28 (-2.18%)
PIMCO CORPORATE & INCOME OPP / PTY FAQ
What is the ChartMill technical rating of PIMCO CORPORATE & INCOME OPP (PTY) stock?
ChartMill assigns a technical rating of 0 / 10 to PTY.
Can you provide the trend direction for PIMCO CORPORATE & INCOME OPP?
The current trend direction for PIMCO CORPORATE & INCOME OPP (PTY) is Bearish.
Can you provide the RSI signal for PIMCO CORPORATE & INCOME OPP?
PIMCO CORPORATE & INCOME OPP (PTY) has an RSI value of 18.8373. This indicates that the stock is currently oversold.
What is the MACD signal for PIMCO CORPORATE & INCOME OPP (PTY) stock?
The MACD indicator for PIMCO CORPORATE & INCOME OPP (PTY) has a value of -0.0403273, indicating a bearish trend.
What is the support and resistance level for PTY stock?
PIMCO CORPORATE & INCOME OPP (PTY) has a support level at 12.53 and a resistance level at 12.88. Check the full technical report for our detailed analysis of PTY support and resistance levels.