PIMCO MUNI INCOME FUND III (PMX) Stock Technical Analysis
NYSE:PMX - New York Stock Exchange, Inc. - US72201A1034 - Currency: USD
Overall PMX gets a technical rating of 1 out of 10. PMX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
66% of all other stocks performed better in the past year than PMX.
PMX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month PMX has a been trading in a tight range between 7.22 and 7.51.
Although the technical rating is bad, PMX does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 7.45, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PMX in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
7.05
8.42
We found 1 important support area.
- A support zone ranging from 7.12 to 7.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- Resistance @8.07 from a horizontal line in the daily time frame.
- A resistance zone ranging from 8.32 to 8.34. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.24
Mansfield-0.99
10 Day High7.49
10 Day Low7.22
20 Day High7.51
20 Day Low7.22
52 Week High8.52
52 Week Low7.09
Performance
1 Week2.47%
2 Weeks-0.4%
1 Month1.91%
3 Month-3.74%
6 Month-7.33%
12 Month-1.06%
2 Year-6.63%
3 Year-31.24%
5 Year-39.64%
10 Year-34.73%
15 Year-30.08%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)55.77
LBB7.3
UBB7.53
NYSE:PMX (2/21/2025, 8:04:00 PM)
7.46
+0.07 (+0.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.95%
1 Week2.47%
2 Weeks-0.4%
1 Month1.91%
3 Month-3.74%
6 Month-7.33%
12 Month-1.06%
2 Year-6.63%
3 Year-31.24%
5 Year-39.64%
10 Year-34.73%
15 Year-30.08%
Volatility
ATR(14)0.09
ATR(20)%1.08%
ATR Inc12.7%
Range Today0.07
ADR(20)0.07
ADR(20)%1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.24
Mansfield-0.99
10 Day High7.49
10 Day Low7.22
20 Day High7.51
20 Day Low7.22
52 Week High8.52
52 Week Low7.09
CS1 End7.45
CR1 Start8.07
Volume & EV
DER(3)7.29%
DER(5)7.06%
Volume199.20K
Volume Incr2.56%
Vol(5)101.12K
Vol(50)132.85K