Logo image of BAF

Blackrock Income Inv Quality Trust (BAF) Stock Technical Analysis

NYSE:BAF - New York Stock Exchange, Inc. -

14.1  -0.07 (-0.49%)

Technical Rating and Analysis

0

Taking everything into account, BAF scores 0 out of 10 in our technical rating. BAF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

When comparing the yearly performance of all stocks, BAF is a bad performer in the overall market: 96% of all stocks are doing better.
In the last month BAF has a been trading in the 14.10 - 15.55 range, which is quite wide. It is currently trading near the lows of this range.
Warning: BAF has an average volume of 21334 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
BAF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BAF is lagging the market.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
Blackrock Income Inv Quality Trust / BAF Weekly stock chart
Blackrock Income Inv Quality Trust / BAF Daily stock chart
Setup Rating and Analysis

3

The technical rating of BAF is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

13.65

15.74

When analyzing the support we can see 2 important areas.

  • Support @14.09 from a horizontal line in the daily time frame.
  • Support @13.79 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • Resistance @14.21 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 14.88 to 15.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 15.35 to 15.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for BAF is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for BAF is down.
ChartMill Relative Strength4.78NEGATIVEBAF has a low relative strength, it was outperformed by 95.22% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of BAF is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of BAF is below a declining SMA(50).
Simple Moving Average/SMA (200)UPMIXEDThe current price of BAF is below the rising SMA(200).
Relative Strength Index/RSI (14)27.15OVERSOLDThe low RSI value suggests BAF may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.1NEGATIVEThe MACD value suggests BAF has a negative trend.
Average True Range in percent/ATR (20)1.57LOW VOLATILITYThe low ATR as a percentage value for BAF suggests low volalility.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Blackrock Income Inv Quality Trust / BAF Daily stock chart

Blackrock Income Inv Quality Trust

NYSE:BAF (3/5/2021, 8:12:43 PM)

14.1

-0.07 (-0.49%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.49%
1 Week-4.15%
2 Weeks-6.31%
1 Month-8.44%
3 Month-5.24%
6 Month-1.1%
12 Month-4.54%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%1.57%
ATR Inc38.8%
Range Today0.33
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.78
Mansfield-1.55
10 Day High15.04
10 Day Low14.1
20 Day High15.55
20 Day Low14.1
52 Week High16.37
52 Week Low10.32
CS1 End14.09
CR1 Start14.21
Volume & EV
DER(3)-2.88%
DER(5)2.4%
Volume77.30K
Volume Incr105.07%
Vol(5)41.13K
Vol(50)21.33K