PIMCO CORPORATE & INCOME OPP (PTY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PTY - US72201B1017
Overall PTY gets a technical rating of 0 out of 10. PTY'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.
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.
More info and screens
12.57
2 important support areas can be observed.
- Support @13.04 from a trend line in the daily time frame.
- A support zone ranging from 12.70 to 12.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 13.58 to 13.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.52 to 14.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 14.84 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 | DOWN | NEGATIVE | The short term trend for PTY is down. |
| ChartMill Relative Strength | 24.71 | NEGATIVE | PTY has a low relative strength, it was outperformed by 75.29% 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) | 36.7 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 58.39 | NEUTRAL | The Stochastics value for PTY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.06 | LOW VOLATILITY | The low ATR as a percentage value for PTY suggests low volalility. |
| Average Directional Index/ADX (14) | 49.11 | POSITIVE | The high ADX value value for PTY suggests a strong trend. |
13.12
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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.
What is the current trend direction of PIMCO CORPORATE & INCOME OPP (PTY) stock?
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 36.7017. This indicates that the stock is currently neutral.
What is the short term momentum for PTY stock?
The short term momentum for PIMCO CORPORATE & INCOME OPP (PTY) is negative.
What is the buy/sell signal for PIMCO CORPORATE & INCOME OPP (PTY) stock?
The buy/sell signal for PIMCO CORPORATE & INCOME OPP (PTY) is sell as both the short term and long term trends are negative.