BLACKSTONE LONG-SHORT CREDIT (BGX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BGX - US09257D1028
Overall BGX gets a technical rating of 1 out of 10. BGX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, BGX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. 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 11.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.83, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BGX 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
11.29
When analyzing the support we notice one important area.
- A support zone ranging from 11.40 to 11.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 11.91 to 12.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.60 from a horizontal line in the weekly time frame.
- Resistance @12.94 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 13.20 to 13.20. 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 | DOWN | NEGATIVE | The long term trend for BGX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BGX is neutral. |
| ChartMill Relative Strength | 27.72 | NEGATIVE | BGX has a low relative strength, it was outperformed by 72.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BGX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BGX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BGX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.2 | NEUTRAL | The RSI value for BGX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BGX has a positive trend. |
| Stochastics (14,3) | 71.01 | NEUTRAL | The Stochastics value for BGX is a neutral value. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for BGX suggests low volalility. |
| Average Directional Index/ADX (14) | 20.42 | NEUTRAL | The ADX value for BGX suggests a possible start of a new trend. |
NYSE:BGX (12/5/2025, 8:04:47 PM)
11.88
+0.01 (+0.08%)
BLACKSTONE LONG-SHORT CREDIT / BGX FAQ
What is the ChartMill technical rating of BLACKSTONE LONG-SHORT CREDIT (BGX) stock?
ChartMill assigns a technical rating of 1 / 10 to BGX.
What is the trend direction for BGX stock?
The current trend direction for BLACKSTONE LONG-SHORT CREDIT (BGX) is Bearish.
Can you provide the RSI signal for BLACKSTONE LONG-SHORT CREDIT?
BLACKSTONE LONG-SHORT CREDIT (BGX) has an RSI value of 55.2042. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BLACKSTONE LONG-SHORT CREDIT?
The MACD indicator for BLACKSTONE LONG-SHORT CREDIT (BGX) has a value of 0.0210268, indicating a bearish trend.
Can you provide the short term momentum for BLACKSTONE LONG-SHORT CREDIT?
The short term momentum for BLACKSTONE LONG-SHORT CREDIT (BGX) is neutral.