BLACKROCK TAXABLE MUNI BND (BBN) Stock Technical Analysis
NYSE:BBN - US09248X1000
Taking everything into account, BBN scores 5 out of 10 in our technical rating. BBN has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, BBN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 16.43. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.28, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BBN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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15.29
When analyzing the support we notice one important area.
- A support zone ranging from 15.44 to 16.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- Resistance @16.43 from a horizontal line in the daily time frame.
- Resistance @16.82 from a horizontal line in the daily time frame.
- Resistance @17.17 from a horizontal line in the daily time frame.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for BBN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BBN is up. |
| ChartMill Relative Strength | 27.18 | NEGATIVE | BBN has a low relative strength, it was outperformed by 72.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BBN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BBN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BBN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.94 | NEUTRAL | The RSI value for BBN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BBN has a positive trend. |
| Stochastics (14,3) | 92.04 | OVERBOUGHT | The high Stochastics value suggests BBN may be overbought. |
| Average True Range in percent/ATR (20) | 0.87 | LOW VOLATILITY | The low ATR as a percentage value for BBN suggests low volalility. |
| Average Directional Index/ADX (14) | 19.8 | NEGATIVE | The low ADX value for BBN suggests a weak or negative trend. |
NYSE:BBN (8/29/2025, 8:07:46 PM)
16.43
-0.01 (-0.06%)