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Uptrend Broken SupportArchive - 3/21/2025 - Sign In to see current Signals. |
PIMCO Active Bond Exchange-Traded Fund (BOND) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week for the PIMCO Active Bond Exchange-Traded Fund (BOND). During the week, the BOND climbed 0.56 points, or 0.61%, and closed at 92.37 on Friday, March 21, 2025. Weekly volume was 37% above average.
Long-term trend: [See BOND long-term trend chart] A long-term uptrend had started on October 23, 2023 at 85.10 and reached 95.32 on September 16, 2024. BOND gained -10.22 points, or -12.01%, in 47 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (95.61) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See BOND medium-term trend chart] A medium-term uptrend had started on January 13, 2025 at 89.17 and reached 93.06 on March 4, 2025. BOND gained -3.89 points, or -4.36%, in 7 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 91.30 and resistance is at 94.14. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See BOND weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is above its signal line since February 21, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See BOND short-term trend chart] A short-term downtrend had started on March 4, 2025 at 93.06 and reached 91.63 on March 13, 2025. BOND lost 1.43 points, or 1.54%, in 9 days. The chart has formed a Falling Wedge chart pattern.
Daily Technical Indicators: [See BOND daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since March 10, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The price touches the upper Bollinger Band. The distance between the Bollinger Bands (1.3%) is close to one year low (1.35%). It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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