PNF Stock Tickeron detected bearish ETF Pattern: Dead Cat Bounce PNF on May 27, 2025, netting in a 0.64% gain over 2 months

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PNF - PIMCO NEW YORK Municipal Income FUND

Ticker: PNF

Company: PIMCO NEW YORK Municipal Income FUND

Gain from shorting: +0.64%

Confirmed: 05/27/25

Succeeded: 07/22/25

Total length: 60 days

PNF in -0.73% downward trend, sliding for three consecutive days on July 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 PNF declined for three days, in of 293 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on July 14, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on PNF as a result. In of 73 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for PNF turned negative on July 14, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .

PNF moved below its 50-day moving average on July 11, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for PNF crossed bearishly below the 50-day moving average on July 18, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 10 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PNF advanced for three days, in of 281 cases, the price rose further within the following month. The odds of a continued upward trend are .

PNF may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 196 cases where PNF Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .