BLACKROCK ENH INTL DVD TR (BGY) Stock Technical Analysis
NYSE:BGY - New York Stock Exchange, Inc. - US0925241079 - Currency: USD
Taking everything into account, BGY scores 3 out of 10 in our technical rating. BGY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
BGY has a bad technical rating, but it does show 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 5.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.75, a Stop Loss order could be placed below this zone.
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5.08
3 important support areas can be observed.
- A support zone ranging from 5.60 to 5.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.26 from a trend line in the weekly time frame.
- A support zone ranging from 5.13 to 5.13. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.80 to 5.91. 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 | NEUTRAL | NEUTRAL | The long term trend for BGY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BGY is neutral. |
| ChartMill Relative Strength | 42.02 | NEUTRAL | BGY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BGY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BGY is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BGY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.43 | NEUTRAL | The RSI value for BGY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BGY has a positive trend. |
| Stochastics (14,3) | 67.12 | NEUTRAL | The Stochastics value for BGY is a neutral value. |
| Average True Range in percent/ATR (20) | 0.98 | LOW VOLATILITY | The low ATR as a percentage value for BGY suggests low volalility. |
| Average Directional Index/ADX (14) | 14.85 | NEGATIVE | The low ADX value for BGY suggests a weak or negative trend. |
5.78
-0.01 (-0.17%)