BLACKROCK MUNICIPAL INC TRST (BFK) Stock Technical Analysis
NYSE:BFK - New York Stock Exchange, Inc. - US09248F1093 - Currency: USD
Taking everything into account, BFK scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. BFK was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, BFK is a bad performer in the overall market: 81% of all stocks are doing better.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
BFK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BFK is lagging the market.
In the last month BFK has a been trading in a tight range between 9.44 and 9.67.
BFK has a poor technical rating and the quality of the setup is also only medium 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
9.10
10.84
2 important support areas can be observed.
- A support zone ranging from 9.37 to 9.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.19 to 9.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 9.75 to 9.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong resistance @10.10 from a horizontal line in the daily time frame.
- Resistance @10.44 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 10.71 to 10.73. 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 | DOWN | NEGATIVE | The long term trend for BFK is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BFK is up. |
| ChartMill Relative Strength | 19.91 | NEGATIVE | BFK has a low relative strength, it was outperformed by 80.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BFK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BFK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BFK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.17 | NEUTRAL | The RSI value for BFK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BFK has a positive trend. |
| Stochastics (14,3) | 85.76 | OVERBOUGHT | The high Stochastics value suggests BFK may be overbought. |
| Average True Range in percent/ATR (20) | 0.81 | LOW VOLATILITY | The low ATR as a percentage value for BFK suggests low volalility. |
| Average Directional Index/ADX (14) | 19.38 | NEGATIVE | The low ADX value for BFK suggests a weak or negative trend. |
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)
NYSE:BFK (7/3/2025, 7:04:30 PM)
9.64
-0.01 (-0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.1%
1 Week1.37%
2 Weeks1.26%
1 Month0.94%
3 Month-2.63%
6 Month-3.6%
12 Month-4.93%
2 Year-4.65%
3 Year-14.31%
5 Year-34.38%
10 Year-30.14%
15 Year-28.96%
Volatility
ATR(14)0.07
ATR(20)%0.81%
ATR Inc10.26%
Range Today0.06
ADR(20)0.07
ADR(20)%0.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.91
Mansfield-1.2
10 Day High9.67
10 Day Low9.45
20 Day High9.67
20 Day Low9.44
52 Week High10.72
52 Week Low8.83
CS1 End9.64
CR1 Start9.75
Volume & EV
DER(3)3.49%
DER(5)4.04%
Volume51.70K
Volume Incr18.54%
Vol(5)100.32K
Vol(50)91.47K