BLACKROCK ENHANCED EQTY DVD (BDJ)       9.21  +0.03 (+0.33%)

9.21  +0.03 (+0.33%)

US09251A1043 - After market: 9.21 0 (0%)

Technical Rating

7

Overall BDJ gets a technical rating of 7 out of 10. In the last year, BDJ was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.



The long and short term trends are both positive. This is looking good!
In the last month BDJ has a been trading in the 8.87 - 9.55 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, BDJ outperforms 64% of them, which is more or less in line with the market.
BDJ is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.

Statistics

1 Month 3 Months 6 Months 12 Months 2.45% -3.05% -2.95% -6.12% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 64.02 8 - 10.45
BDJ Weekly chart
BDJ Daily chart

Support/Resistance Analysis


7.99

10.54
When analyzing the support we can see 2 important areas.
  • A support zone ranging from 8.84 to 9.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 8.07 to 8.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
  • A resistance zone ranging from 9.24 to 9.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 9.96 to 9.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 10.38 to 10.44. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

7

Besides having an excellent technical rating, BDJ also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 9.06, a Stop Loss order could be placed below this zone.


Possible Trading Setup

Given the decent technical rating and the setup score, we can suggest the following trade.


ENTRYEXITDISTANCECAPITAL
9.329.130.19 (2.00%)25.00%
An entry @9.32. This is a Buy Stop order right above the 10 day moving average.An exit @9.13. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.19 points, which is 2.00%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.50%.

  • The distance between exit and entry is rather small compared to the average daily movement of BDJ. Please evaluate whether better entry and exit points can be found.
  • 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.
BDJ Daily chart

BLACKROCK ENHANCED EQTY DVD9.21

NYSE:BDJ (12/8/2022, 3:10:03 PM)+0.03 (+0.33%)

After market: 9.21 0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector N/A
GICS Industry N/A
Performance
Today 0.33% 1 Week -3.05%
2 Weeks -0.75% 1 Month 2.45%
3 Month -3.05% 6 Month -2.95%
Volatility
ATR(14) 0.14 ATR(20)% 1.7%
ATR Inc -11.4% Range Today 0.1
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 64.02 Mansfield 0.24
10 Day High 9.55 10 Day Low 9.14
20 Day High 9.55 20 Day Low 8.87
52 Week High 10.45 52 Week Low 8
CS1 End 9.06 CR1 Start 9.23
Volume & EV
DER(3) -5.72% DER(5) -5.09%
Volume 309.06K Volume Incr -21.28%
Vol(5) 330.71K Vol(50) 429.19K

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