BLACKROCK ENRGY & RES TR (BGR) Technical Analysis
NYSE:BGR • US09250U1016
Current stock price
BGR Technical Rating and Analysis
Taking everything into account, BGR scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month BGR has a been trading in the 15.68 - 17.70 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that BGR is one of the better performing stocks in the market, outperforming 74% of all stocks. On top of that, BGR also shows a nice and consistent pattern of rising prices.
- BGR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BGR is lagging the market slightly.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
BGR Weekly and Daily overview Charts
BGR Setup Rating and Analysis
Although the technical rating is only medium, BGR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 16.01, a Stop Loss order could be placed below this zone.
More info and screens
BGR Support and Resistance Analysis
13.01
4 important support areas can be observed.
- A support zone ranging from 15.81 to 16.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.97 to 14.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.43 from a horizontal line in the daily time frame.
- A support zone ranging from 13.14 to 13.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
BGR Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for BGR is down. |
| ChartMill Relative Strength | 74.17 | POSITIVE | BGR has a high relative strength, it outperformed 74.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BGR is below a declining 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) | 48.44 | NEUTRAL | The RSI value for BGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests BGR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.99 | OVERSOLD | The low Stochastics value suggests BGR may be oversold. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for BGR suggests some volalility. |
| Average Directional Index/ADX (14) | 20.66 | NEUTRAL | The ADX value for BGR suggests a possible start of a new trend. |
BGR Chart- and CandleStick Pattern Analysis
BGR 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.27 | 15.80 | 0.47 (2.91%) | 25.00% |
| An entry @16.27. This is a Buy Stop order right above the 10 day moving average. | An exit @15.80. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.47 points, which is 2.91%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.73%. |
- The distance between exit and entry is rather small compared to the average daily movement of BGR. Please evaluate whether better entry and exit points can be found.
- 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 Technicals: Chart, Performance Metrics, Trend & Indicators
16.2
+0.31 (+1.95%)
BLACKROCK ENRGY & RES TR / BGR TA FAQ
What is the technical rating for BGR stock?
ChartMill assigns a technical rating of 6 / 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 BGR stock?
BLACKROCK ENRGY & RES TR (BGR) has an RSI value of 48.4354. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BLACKROCK ENRGY & RES TR?
The MACD indicator for BLACKROCK ENRGY & RES TR (BGR) has a value of -0.133443, indicating a bearish trend.
Can you provide the short term momentum for BLACKROCK ENRGY & RES TR?
The short term momentum for BLACKROCK ENRGY & RES TR (BGR) is negative.