BLACKROCK ENRGY & RES (BGR)

US09250U1016

13.37  -0.07 (-0.52%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to BGR. Although BGR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
BGR 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 BGR is performing more or less in line with the market.
When comparing the performance of all stocks over the past year, BGR turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
In the last month BGR has a been trading in a tight range between 13.07 and 13.68.
Weekly and Daily overview Charts
BGR Weekly chart
BGR Daily chart
Setup Rating and Analysis

9

BGR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 13.64. 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. We notice that large players showed an interest for BGR in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

11.74

13.78

We found 4 important support areas.

  • A support zone ranging from 13.24 to 13.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 12.65 to 12.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 12.19 to 12.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 11.86 to 11.98. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 13.64 to 13.64. This zone is formed by a combination of multiple trend lines 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
CRS65.07
Mansfield-0.36
10 Day High13.46
10 Day Low13.07
20 Day High13.68
20 Day Low13.07
52 Week High13.68
52 Week Low11.38
Performance
1 Week1.36%
2 Weeks0.45%
1 Month0.91%
3 Month8.88%
6 Month7.48%
12 Month6.7%
2 Year17.38%
3 Year51.24%
5 Year9.5%
10 Year-46.63%
15 Year-20.89%
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)-0.03
RSI(14)57.7
LBB13.03
UBB13.6
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
13.6513.230.42 (3.08%)25.00%
An entry @13.65. This is a Buy Stop order right above the resistance zone.An exit @13.23. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.42 points, which is 3.08%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.77%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BGR Daily chart

BLACKROCK ENRGY & RES

NYSE:BGR (4/26/2024, 7:04:00 PM)

13.37

-0.07 (-0.52%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.52%
1 Week1.36%
2 Weeks0.45%
1 Month0.91%
3 Month8.88%
6 Month7.48%
12 Month6.7%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.2
ATR(20)%1.37%
ATR Inc
Range Today0.12
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 High13.46
10 Day Low13.07
20 Day High13.68
20 Day Low13.07
52 Week High13.68
52 Week Low11.38
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume80.00K
Volume Incr-38.3%
Vol(5)53.62K
Vol(50)72.16K