BLACKROCK MUNICIPAL INC TRST (BFK)

US09248F1093

9.98  +0.03 (+0.3%)

Technical Rating and Analysis

0

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.

When comparing the yearly performance of all stocks, BFK is a bad performer in the overall market: 63% of all stocks are doing better.
BFK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BFK is performing more or less in line with the market.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
In the last month BFK has a been trading in a tight range between 9.87 and 10.24.
Weekly and Daily overview Charts
BFK Weekly chart
BFK Daily chart
Setup Rating and Analysis

8

BFK has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.96, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

9.58

10.73

2 important support areas can be observed.

  • A support zone ranging from 9.92 to 9.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @9.68 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 10.01 to 10.62. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS37.29
Mansfield-0.73
10 Day High10.05
10 Day Low9.9
20 Day High10.24
20 Day Low9.87
52 Week High10.48
52 Week Low8.55
Performance
1 Week0.4%
2 Weeks0.3%
1 Month-2.06%
3 Month-1.87%
6 Month9.79%
12 Month0.2%
2 Year-22.7%
3 Year-34.21%
5 Year-29.37%
10 Year-28.25%
15 Year-12.46%
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)0.01
RSI(14)42.49
LBB9.9
UBB10.01
BFK Daily chart

BLACKROCK MUNICIPAL INC TRST

NYSE:BFK (5/2/2024, 7:04:00 PM)

9.98

+0.03 (+0.3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.3%
1 Week0.4%
2 Weeks0.3%
1 Month-2.06%
3 Month-1.87%
6 Month9.79%
12 Month0.2%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%0.75%
ATR Inc
Range Today0.04
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 High10.05
10 Day Low9.9
20 Day High10.24
20 Day Low9.87
52 Week High10.48
52 Week Low8.55
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume40.10K
Volume Incr-16.3%
Vol(5)65.28K
Vol(50)80.94K