BLACKROCK CA MUNI INC TR (BFZ) Stock Technical Analysis
USA - NYSE:BFZ - US09248E1029
10.9 USD
0 (0%)
10.9 USD
0 (0%)
We assign a technical rating of 5 out of 10 to BFZ. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, BFZ is a bad performer.
When comparing the yearly performance of all stocks, BFZ is a bad performer in the overall market: 71% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
BFZ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BFZ is lagging the market.
In the last month BFZ has a been trading in a tight range between 10.79 and 11.03.
BFZ has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 10.90, a Stop Loss order could be placed below this zone.
More info and screens
10.09
12.33
We found 2 important support areas.
- A support zone ranging from 10.57 to 10.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.19 to 10.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 10.90 to 11.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @11.37 from a horizontal line in the daily time frame.
- A resistance zone ranging from 12.03 to 12.21. 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 | UP | POSITIVE | The long term trend for BFZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BFZ is up. |
| ChartMill Relative Strength | 29.98 | NEGATIVE | BFZ has a low relative strength, it was outperformed by 70.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BFZ is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BFZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BFZ is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.51 | NEUTRAL | The RSI value for BFZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BFZ has a negative trend. |
| Stochastics (14,3) | 59.92 | NEUTRAL | The Stochastics value for BFZ is a neutral value. |
| Average True Range in percent/ATR (20) | 0.77 | LOW VOLATILITY | The low ATR as a percentage value for BFZ suggests low volalility. |
| Average Directional Index/ADX (14) | 18.34 | NEGATIVE | The low ADX value for BFZ 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)
10.9
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.37%
2 Weeks0%
1 Month-0.64%
3 Month3.22%
6 Month4.31%
12 Month-10.66%
2 Year9.66%
3 Year8.24%
5 Year-16.15%
10 Year-29.99%
15 Year-23.56%
Volatility
ATR(14)0.09
ATR(20)%0.77%
ATR Inc3.95%
Range Today0.04
ADR(20)0.08
ADR(20)%0.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.98
Mansfield-1.03
10 Day High11.02
10 Day Low10.85
20 Day High11.03
20 Day Low10.79
52 Week High12.23
52 Week Low10.17
CS1 End10.9
CR1 Start10.9
Volume & EV
DER(3)-1.56%
DER(5)0.32%
Volume171.00K
Volume Incr-9.83%
Vol(5)129.67K
Vol(50)147.29K