Uncategorized

PIMCO Active Bond Exchange-Traded Fund (:BOND): HMA Reading of 109.4972296 Sparks Interest in Investors

Some investors may be lamenting the fact that they have not taken full advantage of the long bull run. There are plenty of pundits that are calling for a sharp stock market decline, but there are also many who believe that the ceiling has been raised and there is much more room for stocks to go higher. Getting into the market at these levels may be holding some investors back from jumping into the fray, and nobody can be sure which way the momentum will swing as we near the end of the year. The next round of company earnings reports should provide some good information about future prospects. Investors will be closely watching to see which sectors are running at full speed and which ones are lagging. 

Tracking the Hull Moving Average for PIMCO Active Bond Exchange-Traded Fund (:BOND), we note that the current level is 109.4972296. The Hull Moving Average was introduced by Alan Hull. Swing traders often use this indicator in combination with other signals in order to help identify possible entry and exit spots.

Expanding the technical focus for PIMCO Active Bond Exchange-Traded Fund (:BOND), we see that the Keltner Channels 20 day upper band is 109.4189271, and the 20 day lower band is109.0413991. The Keltner Channels indicator is similar to Bollinger Bands and Moving Average Envelopes.

There are multiple moving average indicators that traders may rely on when conducting stock research. One of the most popular is the Simple Moving Average. The SMA is unweighted, meaning that each period in the set of data is weighted equally. Looking at some SMA levels, we can see that the 10 day is 109.4353, the 20 day is 109.209375, and the 30 day is 109.05712. Tracking some other time periods, we note that the 50 day SMA is 108.65716 , the 100 day is 108.028724 , and the 200 day SMA is currently 106.900103.

Many traders will look to optimize stock trades by using various technical indicators. The Ichimoku Cloud indicator is highly flexible and is commonly used in conjunction with the RSI to help confirm momentum and overall trends. Let’s focus on a few different Ichimoku readings:

Ichimoku Cloud Base Line: 109.16505
Ichimoku Cloud Conversion Line: 109.44
Ichimoku Lead 1: 108.257225
Ichimoku Lead 2: 107.87995

Traders focusing on technical analysis may be interested in following the Awesome Oscillator level. Currently, the reading is 0.53813765. Typically, when the Awesome Oscillator moves above the zero line, this would indicate that the short term momentum is rising quicker than the long term momentum. A cross below the zero line would indicate that short term momentum is dropping faster than the long term momentum.

Traders following shares of PIMCO Active Bond Exchange-Traded Fund (:BOND) may have noted that the stock most recently closed at 109.59. Going back a full-year, the stock has seen a change of 6.12956328 over that stretch. Taking the focus in to more recent action, shares have seen a move of 0.421477 over the last week. Over the prior month, the stock has moved 1.70749814. Over the past three months, the stock has moved 2.96880872.

Tracking some one month stock pivot points, we note that the Classic Pivot is 109.0607333, the Classic resistance 1 is 109.3714667, and the Classic support 1 is presently 108.8792667. The Fibonacci one month pivot is 109.0607333 while the Fibonacci support 1 pivot is 108.8727129, and the Fibonacci support 2 is 108.7565537. Looking at one month Woodie pivot, we note the level at 109.12305. The Woodie support 1 pivot is 109.0039, and the Woodie resistance 1 pivot is 109.4961.

Some investors may be lamenting the fact that they have not taken full advantage of the long bull run. There are plenty of pundits that are calling for a sharp stock market decline, but there are also many who believe that the ceiling has been raised and there is much more room for stocks to go higher. Getting into the market at these levels may be holding some investors back from jumping into the fray, and nobody can be sure which way the momentum will swing as we near the end of the year. The next round of company earnings reports should provide some good information about future prospects. Investors will be closely watching to see which sectors are running at full speed and which ones are lagging. 

Leave a Reply

Your email address will not be published. Required fields are marked *

*