BLACKROCK ENHANCED EQTY DVD (BDJ)

US09251A1043

8.32  +0.07 (+0.85%)

Technical Rating and Analysis

6

We assign a technical rating of 6 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.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
BDJ is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BDJ is leading the market.
When compared to the yearly performance of all other stocks, BDJ outperforms 40% of them, which is more or less in line with the market.
In the last month BDJ has a been trading in a tight range between 8.08 and 8.38.
Weekly and Daily overview Charts
BDJ Weekly chart
BDJ Daily chart
Setup Rating and Analysis

8

Although the technical rating is only medium, BDJ does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.27, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BDJ 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.
Support and Resistance Analysis

7.72

8.44

2 important support areas can be observed.

  • A support zone ranging from 8.08 to 8.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 7.80 to 7.91. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 8.34 to 8.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.85
Mansfield-0.63
10 Day High8.35
10 Day Low8.08
20 Day High8.38
20 Day Low8.08
52 Week High8.4
52 Week Low6.91
Performance
1 Week1.96%
2 Weeks-0.36%
1 Month2.34%
3 Month3.74%
6 Month6.67%
12 Month-0.12%
2 Year-13.33%
3 Year-18.59%
5 Year-8.07%
10 Year2.09%
15 Year0.97%
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)56.57
LBB8.16
UBB8.36
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
8.378.070.30 (3.58%)25.00%
An entry @8.37. This is a Buy Stop order right above the resistance zone.An exit @8.07. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.30 points, which is 3.58%.For a 0.90% 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.
BDJ Daily chart

BLACKROCK ENHANCED EQTY DVD

NYSE:BDJ (7/26/2024, 7:18:32 PM)

8.32

+0.07 (+0.85%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.85%
1 Week1.96%
2 Weeks-0.36%
1 Month2.34%
3 Month3.74%
6 Month6.67%
12 Month-0.12%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.09
ATR(20)%0.94%
ATR Inc
Range Today0.06
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.35
10 Day Low8.08
20 Day High8.38
20 Day Low8.08
52 Week High8.4
52 Week Low6.91
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume293.00K
Volume Incr10.6%
Vol(5)533.61K
Vol(50)449.55K