BLACKROCK ENHANCED EQTY DVD (BDJ) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BDJ - US09251A1043
We assign a technical rating of 7 out of 10 to BDJ. Although BDJ is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although BDJ has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.80
When analyzing the support we can see 3 important areas.
- A support zone ranging from 8.67 to 9.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.52 from a horizontal line in the daily time frame.
- Support @7.88 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.39 to 9.40. 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 BDJ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BDJ is up. |
| ChartMill Relative Strength | 69.65 | NEUTRAL | BDJ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BDJ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BDJ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BDJ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.38 | NEUTRAL | The RSI value for BDJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BDJ has a positive trend. |
| Stochastics (14,3) | 77.08 | NEUTRAL | The Stochastics value for BDJ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.08 | LOW VOLATILITY | The low ATR as a percentage value for BDJ suggests low volalility. |
| Average Directional Index/ADX (14) | 20.72 | NEUTRAL | The ADX value for BDJ suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.41 | 9.10 | 0.31 (3.29%) | 25.00% |
| An entry @9.41. This is a Buy Stop order right above the resistance zone. | An exit @9.10. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.31 points, which is 3.29%. | For a 0.82% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
9.38
+0.08 (+0.86%)
BLACKROCK ENHANCED EQTY DVD / BDJ FAQ
Can you provide the ChartMill technical rating for BLACKROCK ENHANCED EQTY DVD?
ChartMill assigns a technical rating of 7 / 10 to BDJ.
Can you provide the trend direction for BLACKROCK ENHANCED EQTY DVD?
The current trend direction for BLACKROCK ENHANCED EQTY DVD (BDJ) is Bullish.
What is the RSI signal for BDJ stock?
BLACKROCK ENHANCED EQTY DVD (BDJ) has an RSI value of 64.3777. This indicates that the stock is currently neutral.
What is the short term momentum for BLACKROCK ENHANCED EQTY DVD (BDJ) stock?
The short term momentum for BLACKROCK ENHANCED EQTY DVD (BDJ) is positive.
Can you provide the support and resistance levels for BLACKROCK ENHANCED EQTY DVD?
BLACKROCK ENHANCED EQTY DVD (BDJ) has a support level at 9.26 and a resistance level at 9.39. Check the full technical report for our detailed analysis of BDJ support and resistance levels.