BLACKROCK ENH INTL DVD TR (BGY) Stock Technical Analysis
NYSE:BGY - New York Stock Exchange, Inc. - US0925241079 - Currency: USD
Overall BGY gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BGY is only an average performer.
Besides having an excellent technical rating, BGY also presents 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 5.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.71, 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 5.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.22 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.82 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 | UP | POSITIVE | The long term trend for BGY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BGY is up. |
| ChartMill Relative Strength | 46.41 | 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) | UP | POSITIVE | The current price of BGY is above the rising 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) | 56.69 | 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) | 81.42 | OVERBOUGHT | The high Stochastics value suggests BGY may be overbought. |
| Average True Range in percent/ATR (20) | 1.15 | LOW VOLATILITY | The low ATR as a percentage value for BGY suggests low volalility. |
| Average Directional Index/ADX (14) | 10.27 | NEGATIVE | The low ADX value for BGY suggests a weak or negative trend. |
NYSE:BGY (7/3/2025, 7:04:41 PM)
5.81
0 (0%)