PIMCO CALIFORNIA MUNI FD III (PZC) Stock Technical Analysis
NYSE:PZC - New York Stock Exchange, Inc. - US72201C1099 - Currency: USD
Overall PZC gets a technical rating of 0 out of 10. PZC'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, PZC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 6.14, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PZC 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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6.07
When analyzing the support we notice one important area.
- A support zone ranging from 6.13 to 6.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 6.17 to 6.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.93 to 6.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.32 from a trend 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 PZC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PZC is down. |
| ChartMill Relative Strength | 21.08 | NEGATIVE | PZC has a low relative strength, it was outperformed by 78.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PZC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PZC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PZC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.27 | NEUTRAL | The RSI value for PZC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PZC has a positive trend. |
| Stochastics (14,3) | 23.65 | NEUTRAL | The Stochastics value for PZC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.1 | LOW VOLATILITY | The low ATR as a percentage value for PZC suggests low volalility. |
| Average Directional Index/ADX (14) | 18.84 | NEGATIVE | The low ADX value for PZC suggests a weak or negative trend. |
NYSE:PZC (6/17/2025, 2:56:55 PM)
6.17
+0.02 (+0.33%)