Mutual Trend Analysis Report
Prepared for you on Monday, June 5, 2023.
PIMCO INCOME FUND CLASS A (NASDAQ:PONAX)
Bear Market Rally (-75) - PONAX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PONAX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid PONAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for PONAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PONAX
The long-term trend has been DOWN since Mar 2nd, 2023 at 10.34
The intermediate-term trend has been DOWN since May 18th, 2023 at 10.41
The short-term trend has been UP since May 30th, 2023 at 10.34
Smart Scan Analysis for PONAX
Based on our trend formula, PONAX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.42||52wk High Date||2022-06-03|
|52wk Low||10.13||52wk Low Date||2022-10-20|
|Year End Close||10.35||Payment Date||2019-12-26|