PYN PIMCO New York Municipal Income Fund III Forecast, Technical & Fundamental Analysis
PIMCO New York Municipal Income Fund III is a closed-end management investment company... Show more
PYN in +0.95% Uptrend, advancing for three consecutive days on June 12, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where PYN advanced for three days, in of 287 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 16 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.
The Moving Average Convergence Divergence (MACD) for PYN just turned positive on June 11, 2025. Looking at past instances where PYN's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 252 cases where PYN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on June 13, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on PYN as a result. In of 80 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PYN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
PYN broke above its upper Bollinger Band on June 12, 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.
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General Information
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PYN and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PYN has been loosely correlated with NAN. These tickers have moved in lockstep 61% of the time. This A.I.-generated data suggests there is some statistical probability that if PYN jumps, then NAN could also see price increases.