BLUEMONTE CORE BOND ETF (BDBT) Stock Technical Analysis
NYSEARCA:BDBT - NYSE Arca - US3015053685 - ETF - Currency: USD
We assign a technical rating of 3 out of 10 to BDBT. BDBT performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, BDBT does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 25.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.12, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BDBT 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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24.73
When analyzing the support we notice one important area.
- A support zone ranging from 24.98 to 25.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 25.24 to 25.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for BDBT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BDBT is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BDBT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BDBT is above a declining SMA(20). |
| Relative Strength Index/RSI (14) | 58.6 | NEUTRAL | The RSI value for BDBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.9 | NEGATIVE | The MACD value suggests BDBT has a negative trend. |
| Stochastics (14,3) | 80.6 | OVERBOUGHT | The high Stochastics value suggests BDBT may be overbought. |
| Average True Range in percent/ATR (20) | 0.29 | LOW VOLATILITY | The low ATR as a percentage value for BDBT suggests low volalility. |
| Average Directional Index/ADX (14) | 17.24 | NEGATIVE | The low ADX value for BDBT suggests a weak or negative trend. |
NYSEARCA:BDBT (7/30/2025, 2:39:16 PM)
25.14
-0.02 (-0.07%)