PDI - PIMCO Dynamic Income Fund

| Exchange: NYSE

Strong Buy Candidate
Buy Score Rank #348 out of #5176
Wed 26'th Jul 2017

PERIOD COVERED
2017-04-27 - 2017-07-26
CHANGE
0.16%
PRICE
$30.56
VOLUME
Buy
TREND

MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

BOLLINGER
Buy
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PIMCO Dynamic Income Fund Stock Analysis

Technical stock analysis for Wed 26'th Jul 2017

Buy candidate since 2017-07-13 Gain 1.60%

PIMCO Dynamic Income Fund gained 0.16% in the last trading day, rising from $30.51 to $30.56 The price has risen in 8 of the last 10 days and is up by 1.33% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 16 089 more shares were traded than the day before. In total, 152 024 shares bought and sold for approximately $4.65 million.

Trend

PIMCO Dynamic Income Fund lies in the upper part of a narrow and weak rising trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $30.67 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 4.26% during the next 3 months and, with 90% probability hold a price between $31.28 and $31.98 at the end of this period.

Signals

Only positive signals in the chart today. PIMCO Dynamic Income Fund holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $30.47 and $30.07. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday May 17, 2017, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.

The stock had a Golden Star Signal* on Friday May 19, 2017 for the short-term and also have Golden Star Signal for the mediumterm dated Wednesday March 01, 2017.

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

Relative Strength Index (RSI)

The stock holds a RSI14 at 76 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.

Support & Resistance

PIMCO Dynamic Income Fund finds support from accumulated volume at . There is no resistance from accumulated volume above today's level and given the right condition the stock may perform very well during the next couple of days.

Support: $29.76 Price: $30.56
S: $29.76 Price: $30.56

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.18 (0.59%) between high and low. For the last week, the stock has had a daily average volatility of 0.43%.

The stock is overbought on RSI14 and lies in the upper part of the trend. Normally this will pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought and the RSI is still moving upwards. Regardless, the high RSI together with the trendposition increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely, and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stoploss: $29.47 (-3.57%) (This stock has low daily movements and this gives low risk. The RSI14 is 76 and this increases the risk substantially. There is a buy signal from pivot bottom found 48 days ago.)

Overall risk:

Very Low Low Medium High Very High

Overall risk:

           

Evaluation

PIMCO Dynamic Income Fund holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Strong Buy Candidate.

Strong Buy Candidate

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