For its latest trading sesion, Pimco Municipal Income Fund II (NYSE:PML) dropped by -0.1% – here is what that looked like (as of 2019-12-04):
Why are these moves happning?? To grasp this action better, it is helpful 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 -0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.1, an Accumulation/Distribution Index (ADI) of 0.1, an On-Balance Volume (OBV) of 53.857, and a Chaiikin Money Flow (CMF) of -15.64. 1.444
Now let’s plug these indicators in. Consulting Trading View, we can conclude the following:
So when putting all the technical indicators together, this is what you get. And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.