Stronger Sell Today PCQ ranks #4580 as SELL CANDIDATE #4580 Weaker Sell

PCQ stock forecast PIMCO California Municipal Income Fund

PCQ stock forecast

VOLUME
Buy
TREND
Hold
MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

PCQ Forecast and Technical Stock Analysis


Sell candidate since 2019-09-12 Loss -1.03% PDF

PIMCO California Municipal Income Fund fell by -1.03% in the last day ( Friday, 13th Sep 2019 ) from $19.48 to $19.28 and has now fallen 7 days in a row. During the day the stock fluctuated 2.02% from a day low at $19.02 to a day high of $19.40. The price has fallen in 6 of the last 10 days and is down by -1.43% for this period. Volume has increased in the last day by 39 099 shares but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 74 788 shares bought and sold for approximately $1.44 million.

Quick summary:

  • 30 day high of the PCQ stock price was $20.00 and low was $18.86.
  • 90 day high was $20.00 and low was $18.60.
  • 52 week high for PIMCO California Municipal Income Fund - $20.00 and low - $14.55.
Top Trending Stocks

Trend

PIMCO California Municipal Income Fund has broken the weak rising short-term trend down. This signalize a slower rising rate, but may also be an early warning about a possible trend shift. Due to trend being broken there will now be resistance at the bottom line of the trend at $19.29. A reaction back to this level may hold a second chance to get out before further falls.

Top Golden Star Stocks

Signals

There are few to none technical positive signals at the moment. PIMCO California Municipal Income Fund holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $19.70 and $19.54. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Thursday September 05, 2019, which indicates further falls until a new bottom pivot has been found. PIMCO California Municipal Income Fund 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".

The stock had a Golden Star Signal* on Monday July 01, 2019 in the short-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.
3.1567683253077

Access today's Top 5 Golden Star Companies

A sell signal from a double top formation was found on Thursday September 05, 2019 and based on theory for this formation the price should fall by -1.21% to $18.64 within 22 trading days since signal was issued (Monday October 07, 2019).

Relative Strength Index (RSI)

RSImin/max Values: [ 25 - 80 ]

RSI14 is 36 and the stock is currently not being overbought or oversold

* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.

Support & Resistance

PIMCO California Municipal Income Fund finds support from accumulated volume at $19.00.

Support: $19.00 Price: $19.28 Resistance: $19.60

Risk

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.38 (2.02%) between high and low. For the last week, the stock has had daily average volatility of 1.04%.

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

1.04 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Sell Candidate Downgraded

Evaluation

The PIMCO California Municipal Income Fund stock holds several negative signals and despite the positive trend we believe PIMCO California Municipal Income Fund will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Stronger Sell Today PCQ ranks #4580 as SELL CANDIDATE #4580 Weaker Sell

Will PCQ stock price go up or down on Mon, 16 Sep 2019?

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!

Get access to Golden Star list now!
Trading With Moving Average
As an investor, you always seek to understand what other... Full Article
Pivot Points
Pivot Points refer to points of significant change. As a... Full Article
Accumulated Volume - Support and Resistance
Volume is perhaps the best indicator of all and should... Full Article
Volume - The Indicator You Really Need to Know
Many new traders getting into the world of technical analysis... Full Article
We Give Back!
In 2016 StockInvest.us donated to NGO Goodwill projects to help purchase medical... Full Article
Better Buy: Amazon vs. Facebook
Amazon's stock slipped 21% over the past six months, as... Full Article

Proudly made at

ROCKIT