PMX PIMCO Municipal Income Fund III Forecast, Technical & Fundamental Analysis

PMX in -0.44% downward trend, falling for three consecutive days on June 18, 2025

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where PMX declined for three days, in of 312 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

PMX broke above its upper Bollinger Band on June 30, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on June 30, 2025. You may want to consider a long position or call options on PMX as a result. In of 73 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for PMX just turned positive on June 12, 2025. Looking at past instances where PMX's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .

PMX moved above its 50-day moving average on June 26, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for PMX crossed bullishly above the 50-day moving average on July 03, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PMX advanced for three days, in of 266 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 199 cases where PMX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .