BLACKROCK FLTNG RT INC TR (BGT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BGT - US0919411043
We assign a technical rating of 1 out of 10 to BGT. BGT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
BGT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 11.40. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for BGT 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.
More info and screens
10.83
We found 1 important support area.
- A support zone ranging from 10.94 to 11.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 11.40 to 11.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.84 to 11.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 12.34 to 12.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.32 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for BGT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BGT is neutral. |
| ChartMill Relative Strength | 23.6 | NEGATIVE | BGT has a low relative strength, it was outperformed by 76.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BGT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BGT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BGT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.59 | NEUTRAL | The RSI value for BGT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BGT has a positive trend. |
| Stochastics (14,3) | 84.56 | OVERBOUGHT | The high Stochastics value suggests BGT may be overbought. |
| Average True Range in percent/ATR (20) | 0.98 | LOW VOLATILITY | The low ATR as a percentage value for BGT suggests low volalility. |
| Average Directional Index/ADX (14) | 36.73 | POSITIVE | The high ADX value value for BGT suggests a strong trend. |
NYSE:BGT (12/19/2025, 8:04:00 PM)
11.38
+0.05 (+0.44%)
BLACKROCK FLTNG RT INC TR / BGT FAQ
What is the ChartMill technical rating of BLACKROCK FLTNG RT INC TR (BGT) stock?
ChartMill assigns a technical rating of 1 / 10 to BGT.
What is the trend direction for BGT stock?
The current trend direction for BLACKROCK FLTNG RT INC TR (BGT) is Bearish.
What is the RSI signal for BLACKROCK FLTNG RT INC TR (BGT) stock?
BLACKROCK FLTNG RT INC TR (BGT) has an RSI value of 51.5892. This indicates that the stock is currently neutral.
What is the MACD signal for BGT stock?
The MACD indicator for BLACKROCK FLTNG RT INC TR (BGT) has a value of 0.0381784, indicating a bearish trend.