BLACKROCK ENRGY & RES TR (BGR) Stock Technical Analysis
NYSE:BGR - US09250U1016
Overall BGR gets a technical rating of 5 out of 10. In the last year, BGR was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
BGR has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 13.47. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.32, a Stop Loss order could be placed below this zone.
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11.87
When analyzing the support we can see 3 important areas.
- A support zone ranging from 13.10 to 13.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.21 from a horizontal line in the daily time frame.
- Support @11.99 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 13.47 to 13.90. 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 | NEUTRAL | NEUTRAL | The short term trend for BGR is neutral. |
| ChartMill Relative Strength | 48.88 | NEUTRAL | BGR is not amongst the best or worst performers 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) | 53.15 | NEUTRAL | The RSI value for BGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BGR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.65 | NEUTRAL | The Stochastics value for BGR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.06 | LOW VOLATILITY | The low ATR as a percentage value for BGR suggests low volalility. |
| Average Directional Index/ADX (14) | 12.03 | NEGATIVE | The low ADX value for BGR suggests a weak or negative trend. |
NYSE:BGR (8/22/2025, 8:04:00 PM)
13.35
+0.12 (+0.91%)