Technical Analysis for PAI - Western Asset Income Fund

Grade Last Price % Change Price Change
grade F 14.48 -4.11% -0.62
PAI closed down 4.11 percent on Friday, February 28, 2020, on 2.01 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical PAI trend table...

Date Alert Name Type % Chg
Expansion Breakdown Bearish Swing Setup 0.00%
Wide Range Bar Range Expansion 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Expansion Breakdown Bearish Swing Setup -4.11%

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Profile

Western Asset Income Fund is a close ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company and Western Asset Management Company Limited. It invests in the fixed income markets of the United States. The fund benchmarks the performance of its portfolio against the Lehman High Yield Index and Lehman US Credit Index. Western Asset Income Fund was formed on March 22, 1973 and is domiciled in the United States.
Institutional Investors Mutual Fund Investment Management Legg Mason Partners Fund Western Asset Management Company Leisure Goods Index Mirae Asset Financial Group T. Rowe Price

Is PAI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 17.79
52 Week Low 13.99
Average Volume 17,517
200-Day Moving Average 15.56
50-Day Moving Average 15.75
20-Day Moving Average 15.72
10-Day Moving Average 15.52
Average True Range 0.25
ADX 21.83
+DI 10.26
-DI 43.65
Chandelier Exit (Long, 3 ATRs ) 15.59
Chandelier Exit (Short, 3 ATRs ) 15.24
Upper Bollinger Band 16.43
Lower Bollinger Band 15.01
Percent B (%b) -0.37
BandWidth 9.03
MACD Line -0.20
MACD Signal Line -0.07
MACD Histogram -0.1302
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 15.51
Resistance 3 (R3) 15.63 15.40 15.34
Resistance 2 (R2) 15.40 15.13 15.34 15.28
Resistance 1 (R1) 14.94 14.97 14.82 14.82 15.23
Pivot Point 14.71 14.71 14.65 14.65 14.71
Support 1 (S1) 14.25 14.45 14.14 14.14 13.73
Support 2 (S2) 14.02 14.28 13.96 13.68
Support 3 (S3) 13.56 14.02 13.62
Support 4 (S4) 13.45