For its latest trading sesion, PIMCO Municipal Income Fund (NYSE:PMF) spiked up by 0.3% – here is what that looked like (as of 2019-12-11):
Why are these moves happning?? To understand this better, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.005, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.088, an Accumulation/Distribution Index (ADI) of 0.088, an On-Balance Volume (OBV) of 78.463, and a Chaiikin Money Flow (CMF) of -15.65. 3.716
Now let’s plug these indicators in. According to Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for PIMCO Municipal Income Fund (NYSE:PMF). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.
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