BLACKROCK ENRGY & RES TR (BGR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BGR - US09250U1016
We assign a technical rating of 8 out of 10 to BGR. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BGR is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- BGR is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month BGR has a been trading in the 13.27 - 15.19 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, BGR did better than 75% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Although BGR has an excellent technical rating, it does not present a decent entry opportunity 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
12.84
When analyzing the support we can see 2 important areas.
- A support zone ranging from 13.81 to 14.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.97 to 13.54. 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 BGR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BGR is up. |
| ChartMill Relative Strength | 75.33 | POSITIVE | BGR has a high relative strength, it outperformed 75.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BGR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BGR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BGR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.19 | OVERBOUGHT | The high RSI value suggests BGR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests BGR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.71 | OVERBOUGHT | The high Stochastics value suggests BGR may be overbought. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for BGR suggests low volalility. |
| Average Directional Index/ADX (14) | 28.36 | POSITIVE | The high ADX value value for BGR suggests a strong trend. |
NYSE:BGR (1/23/2026, 8:04:00 PM)
15
+0.1 (+0.67%)
BLACKROCK ENRGY & RES TR / BGR FAQ
What is the technical rating for BGR stock?
ChartMill assigns a technical rating of 8 / 10 to BGR.
What is the current trend direction of BLACKROCK ENRGY & RES TR (BGR) stock?
The current trend direction for BLACKROCK ENRGY & RES TR (BGR) is Bullish.
What is the RSI signal for BLACKROCK ENRGY & RES TR (BGR) stock?
BLACKROCK ENRGY & RES TR (BGR) has an RSI value of 76.1866. This indicates that the stock is currently overbought.
What is the short term momentum for BGR stock?
The short term momentum for BLACKROCK ENRGY & RES TR (BGR) is positive.
What is the buy/sell signal for BLACKROCK ENRGY & RES TR (BGR) stock?
The buy/sell signal for BLACKROCK ENRGY & RES TR (BGR) is buy as both the short term and long term trends are positive.