PIMCO CORPORATE & INCOME OPP (PTY) Stock Technical Analysis
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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, PTY is a bad performer in the overall market: 76% of all stocks are doing better.
- PTY has an average volume of 1293530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- PTY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PTY is lagging the market.
- In the last month PTY has a been trading in a tight range between 12.97 and 13.15.
Although the technical rating is bad, PTY does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
12.57
When analyzing the support we notice one important area.
- A support zone ranging from 12.70 to 12.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 12.99 to 13.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.29 from a trend line in the weekly time frame.
- Resistance @14.60 from a horizontal line in the weekly time frame.
- 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 | NEUTRAL | NEUTRAL | The short term trend for PTY is neutral. |
| ChartMill Relative Strength | 24.69 | NEGATIVE | PTY has a low relative strength, it was outperformed by 75.31% 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) | 40.83 | NEUTRAL | The RSI value for PTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PTY has a negative trend. |
| Stochastics (14,3) | 22.22 | NEUTRAL | The Stochastics value for PTY is a neutral value. |
| Average True Range in percent/ATR (20) | 0.5 | LOW VOLATILITY | The low ATR as a percentage value for PTY suggests low volalility. |
| Average Directional Index/ADX (14) | 14.53 | NEGATIVE | The low ADX value for PTY suggests a weak or negative trend. |
12.97
-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 40.8336. 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 -0.00342729, indicating a bearish trend.
What is the support and resistance level for PTY stock?
PIMCO CORPORATE & INCOME OPP (PTY) has a support level at 12.82 and a resistance level at 12.99. Check the full technical report for our detailed analysis of PTY support and resistance levels.