BLACKROCK ENRGY & RES TR (BGR) Stock Technical Analysis
NYSE:BGR • US09250U1016
Taking everything into account, BGR scores 8 out of 10 in our technical rating. 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 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.
- In the last month BGR has a been trading in the 14.37 - 15.66 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- When compared to the yearly performance of all other stocks, BGR outperforms 64% of them, which is more or less in line with the market.
- Volume is considerably higher in the last couple of days.
BGR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
12.84
We found 1 important support area.
- A support zone ranging from 12.97 to 13.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 14.96 to 14.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 15.53 to 15.53. 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 | 64.61 | NEUTRAL | BGR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BGR is below 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) | 55.21 | NEUTRAL | The RSI value for BGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests BGR has a negative trend. |
| Stochastics (14,3) | 51.42 | NEUTRAL | The Stochastics value for BGR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for BGR suggests some volalility. |
| Average Directional Index/ADX (14) | 19.99 | NEGATIVE | The low ADX value for BGR suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 15.00 | 14.36 | 0.64 (4.27%) | 23.44% |
| An entry @15.00. This is a Buy Stop order right above the resistance zone. | An exit @14.36. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.64 points, which is 4.27%. | For a 1.00% total portfolio risk, you can invest 23.44% of your capital in this trade. |
- 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.
14.96
+0.02 (+0.13%)
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 55.2064. This indicates that the stock is currently neutral.
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.