PIMCO CORPORATE & INCOME OPP (PTY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PTY - US72201B1017
Taking everything into account, PTY scores 0 out of 10 in our technical rating. 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.
PTY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 12.88, a Stop Loss order could be placed below this zone.
More info and screens
12.57
We found 1 important support area.
- A support zone ranging from 12.70 to 12.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- Strong resistance @13.84 from a horizontal line in the daily time frame.
- A resistance zone ranging from 14.46 to 14.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.05 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 | 23.73 | NEGATIVE | PTY has a low relative strength, it was outperformed by 76.27% 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) | 38.92 | NEUTRAL | The RSI value for PTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PTY has a positive trend. |
| Stochastics (14,3) | 40.83 | NEUTRAL | The Stochastics value for PTY is a neutral value. |
| Average True Range in percent/ATR (20) | 0.65 | LOW VOLATILITY | The low ATR as a percentage value for PTY suggests low volalility. |
| Average Directional Index/ADX (14) | 47.14 | POSITIVE | The high ADX value value for PTY suggests a strong trend. |
12.9
-0.06 (-0.46%)
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 38.9196. This indicates that the stock is currently neutral.
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 0.0237318, indicating a bearish trend.
What is the support and resistance level for PTY stock?
PIMCO CORPORATE & INCOME OPP (PTY) has a support level at 12.88 and a resistance level at 13.84. Check the full technical report for our detailed analysis of PTY support and resistance levels.