REPORTING FOR 2019-10-18 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how PCQ has been trading over the last 2 weeks and the past day especially. On its latest session, PIMCO California Municipal Income Fund ($PCQ) opened at 19.98, reaching a high of 19.79 and a low of 19.6716 before closing at a price of 19.7502. There was a total volume of 6548.
VOLUME INDICATORS FOR PIMCO CALIFORNIA MUNICIPAL INCOME FUND ($PCQ): We saw an accumulation-distribution index of -24.56519, an on-balance volume of 19.8, chaikin money flow of -2.24632 and a force index of -0.00011. There was an ease of movement rating of -0.00205, a volume-price trend of 0.43775 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR PIMCO CALIFORNIA MUNICIPAL INCOME FUND ($PCQ): We noted an average true range of 0.1296, bolinger bands of 19.82167, an upper bollinger band of 19.59993, lower bollinger band of 19.6716, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 19.81387, high band keltner channel of 20.00387, low band keltner channel of 19.62387, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 19.6716, a donchian channel low band of 19.6716, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR PIMCO CALIFORNIA MUNICIPAL INCOME FUND ($PCQ): We calculated a Moving Average Convergence Divergence (MACD) of 0.00176, a MACD signal of 0.00098, a MACD difference of 0.00078, a fast Exponential Moving Average (EMA) indicator of 19.6716, a slow Exponential Moving Average (EMA) indicator of 19.6716, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.3386, a trix of 1.25746, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -0.43233, a KST Oscillator (KST) of 22.47112 and a KST Oscillator (KST Signal) of 22.47112 (leaving a KST difference of 1.01875). We also found an Ichimoku rating of 19.885, an Ichimoku B rating of 19.885, a Ichimoku visual trend A of 19.50741, an Ichimoku visual trend B of 19.63075, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM INDICATORS FOR PIMCO CALIFORNIA MUNICIPAL INCOME FUND ($PCQ): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 58.36528, a stochastic oscillator of -62.31579, a stochastic oscillator signal of -62.31579, a Williams %R rating of -162.31579 and an awesome oscillator of -0.00833.
RETURNS FOR PIMCO CALIFORNIA MUNICIPAL INCOME FUND ($PCQ): There was a daily return of 2.24711, a daily log return of 0.39775 and a cumulative return of 0.39854.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-18 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for PIMCO California Municipal Income Fund ($PCQ)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling PIMCO California Municipal Income Fund ($PCQ) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.