Pimco New York Municipal Income Fund Ii Stock Forecast

Sell candidate since Jul 29, 2026 Loss -0.73%

The Pimco New York Municipal Income Fund II stock price fell by -0.147% on the last day (Friday, 31st Jul 2026) from $6.81 to $6.80. During the last trading day the stock fluctuated 0.369% from a day low at $6.78 to a day high of $6.81. The price has fallen in 7 of the last 10 days and is down by -2.58% for this period. Volume has increased on the last day by 1 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 58 thousand shares were bought and sold for approximately $394.08 thousand.

The stock has broken the narrow and horizontal trend down. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately $6.86 is considered to be a "second chance" to get out before further fall. It is, however, important to note that false breaks may appear and that the price may move back into the horizontal trend. A break on increasing volume is considered to be more significant and reliable than breaks on low volume.

PNI Signals & Forecast

There are few to no technical positive signals at the moment. The Pimco New York Municipal Income Fund II stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $6.84 and $6.99. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, July 01, 2026, and so far it has fallen -4.23%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Pimco New York Municipal Income Fund II gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss for Pimco New York Municipal Income Fund II stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.0250 between high and low, or 0.369%. For the last week the stock has had daily average volatility of 0.766%.

Pimco New York Municipal Income Fund II is oversold on RSI14 (19). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (PNI) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect Pimco New York Municipal Income Fund II to open at $6.80, and during the day (based on 14 day Average True Range), to move between $6.77 and $6.83, which gives a possible trading interval of +/-$0.0563 (+/-0.83%) up or down from last closing price. If Pimco New York Municipal Income Fund II takes out the full calculated possible swing range there will be an estimated 0.83% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $7.00, some $0.200 (2.94%) from the current price of $6.80, our system finds the risk reward not very attractive.

Is Pimco New York Municipal Income Fund II stock A Buy?

Pimco New York Municipal Income Fund II holds several negative signals and is within a narrow and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -4.635 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - $6.80 ( 0.0735%).

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