BLACKROCK MUNICIPAL INC TRST (BFK) Stock Technical Analysis
NYSE:BFK - New York Stock Exchange, Inc. - US09248F1093 - Currency: USD
Taking everything into account, BFK scores 0 out of 10 in our technical rating. BFK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, BFK is a bad performer in the overall market: 64% of all stocks are doing better.
BFK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BFK is lagging the market slightly.
In the last month BFK has a been trading in a tight range between 9.40 and 9.84.
Considerably lower volume is observed in the last couple of days.
The technical rating of BFK is bad and it also does not present a quality setup 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
We found 2 important support areas.
- A support zone ranging from 9.37 to 9.44. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @9.19 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 9.67 to 10.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.29 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 | DOWN | NEGATIVE | The short term trend for BFK is down. |
| ChartMill Relative Strength | 36.46 | NEUTRAL | BFK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BFK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BFK is below a declining 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) | 40.4 | NEUTRAL | The RSI value for BFK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BFK has a negative trend. |
| Stochastics (14,3) | 27.01 | NEUTRAL | The Stochastics value for BFK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.24 | LOW VOLATILITY | The low ATR as a percentage value for BFK suggests low volalility. |
| Average Directional Index/ADX (14) | 24.21 | NEUTRAL | The ADX value for BFK suggests a possible start of a new 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 (5/23/2025, 7:00:00 PM)
9.53
-0.02 (-0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.21%
1 Week-1.95%
2 Weeks-2.66%
1 Month-1.75%
3 Month-6.43%
6 Month-6.48%
12 Month-4.89%
2 Year-2.16%
3 Year-26.18%
5 Year-26.64%
10 Year-31.88%
15 Year-30.08%
Volatility
ATR(14)0.1
ATR(20)%1.24%
ATR Inc42.4%
Range Today0.05
ADR(20)0.12
ADR(20)%1.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.46
Mansfield-0.78
10 Day High9.83
10 Day Low9.4
20 Day High9.84
20 Day Low9.4
52 Week High10.72
52 Week Low8.83
CS1 End9.44
CR1 Start9.67
Volume & EV
DER(3)2.82%
DER(5)0.41%
Volume76.95K
Volume Incr-22.49%
Vol(5)79.65K
Vol(50)126.34K