PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI)

PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund is trading at $51.21, down 0.54% on the session. The 50 day average sits at $52.04 and the 200 day at $52.41, which puts the stock in a downtrend. RSI is at 39.7, which reads as weak, and MACD is bullish crossover. Volume is above average.

The nearest support is around $51.63 with resistance near $51.80, so that band frames the current range. Average daily movement is roughly $0.11, or about 0.2% of the share price, which is what any stop placement has to allow for. The overall health score of 43 out of 100 combines a trend score of 7, momentum of 56 and a risk score of 84.

The fund invests at least 80% of its assets in a diversified portfolio of debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal income tax ("Municipal Bonds"). It may invest 25% or more of its total assets in Municipal Bonds that finance similar projects, such as those relating to education, health care, housing, transportation, and utilities, and 25% or more of its total assets in industrial development bonds.