Pimco New York Municipal Income Fund Ii Stock Forecast

Buy or Hold candidate since Jun 25, 2026 Gain 0.43%

The Pimco New York Municipal Income Fund II stock price fell by -0.142% on the last day (Friday, 10th Jul 2026) from $7.04 to $7.03. During the last trading day the stock fluctuated 0.93% from a day low at $7.02 to a day high of $7.09. The price has fallen in 5 of the last 10 days but is still up by 0.43% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -28 thousand shares and in total, 29 thousand shares were bought and sold for approximately $202.49 thousand.

The stock is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Pimco New York Municipal Income Fund II stock with a 90% probability to be traded between $7.02 and $7.19 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

PNI Signals & Forecast

The Pimco New York Municipal Income Fund II stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $7.06. On a fall, the stock will find some support from the long-term average at approximately $7.02. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, July 01, 2026, and so far it has fallen -0.99%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The stock had a Golden Star Signal on Thursday, May 28, 2026 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

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

Pimco New York Municipal Income Fund II finds support from accumulated volume at $7.01 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.0650 between high and low, or 0.93%. For the last week the stock has had daily average volatility of 0.95%

Our recommended stop-loss: $6.73 (-4.32%) (This stock has very low daily movements and this gives very low risk. There is a sell signal from a pivot top found 6 days ago.)

Trading Expectations (PNI) For The Upcoming Trading Day Of Monday 13th

For the upcoming trading day on Monday, 13th we expect Pimco New York Municipal Income Fund II to open at $7.05, and during the day (based on 14 day Average True Range), to move between $7.00 and $7.06, which gives a possible trading interval of +/-$0.0621 (+/-0.89%) 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 0.89% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $7.05 (0.28%) than the support at $7.01 (0.28%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

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

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Pimco New York Municipal Income Fund II stock to perform well in the short-term period.

Current score: 3.014 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 13, 2026 - $7.05 ( 0.213%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk