Pimco High Income Fund Technical Analysis (NYSE:PHK)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical Charts or trading charts. The PHK Chart pattern can give those who understand technical analysis an indication of which way PHK stock is headed, but cannot predict with 100% certainty as to what can happen to the Pimco High Income Fund Price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Pimco High Income Fund. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use Price movements for this form of Pimco High Income Fund Analysis.
Pimco High Income Fund Moving Average
Moving averages show the PHK Price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $7.69 is below the price of $7.69.
Pimco High Income Fund Bollinger Bands
Bollinger bands comprise of a center line usually PHK SMA, and two PHK Price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as Price moves closer towards the lower band. The Price is trading between the average and the lower band in the context of Pimco High Income Fund bollinger bands.
Pimco High Income Fund Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the Price trend, as the indicator is useful in understanding the strength, direction and momentum of the Price. The Pimco High Income Fund MACD indicator can be used to identify bullish and bearish trends for the stock.
Pimco High Income Fund Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 57.14 is the RSI value of PHK stock.