BLACKROCK CORE BOND TRUST (BHK) Stock Technical Analysis
USA - NYSE:BHK - US09249E1010
We assign a technical rating of 3 out of 10 to BHK. Recently some decent action could be observed, but in the medium term time frame this is still negative. BHK was also a bad performer in the overall market in the last year.
Although the technical rating is bad, BHK does present a nice setup opportunity. 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 9.96. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.90, a Stop Loss order could be placed below this zone.
More info and screens
9.32
When analyzing the support we can see 2 important areas.
- A support zone ranging from 9.81 to 9.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.41 to 9.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 9.89 to 10.12. This zone is formed by a combination of multiple trend lines and important moving averages 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 BHK is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BHK is neutral. |
| ChartMill Relative Strength | 20.58 | NEGATIVE | BHK has a low relative strength, it was outperformed by 79.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BHK is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BHK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BHK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.53 | NEUTRAL | The RSI value for BHK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BHK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.84 | NEUTRAL | The Stochastics value for BHK is a neutral value. |
| Average True Range in percent/ATR (20) | 0.87 | LOW VOLATILITY | The low ATR as a percentage value for BHK suggests low volalility. |
| Average Directional Index/ADX (14) | 16.02 | NEGATIVE | The low ADX value for BHK suggests a weak or negative trend. |
NYSE:BHK (10/28/2025, 1:18:20 PM)
9.87
-0.05 (-0.5%)
BLACKROCK CORE BOND TRUST / BHK FAQ
What is the ChartMill technical rating of BLACKROCK CORE BOND TRUST (BHK) stock?
ChartMill assigns a technical rating of 3 / 10 to BHK.
Can you provide the trend direction for BLACKROCK CORE BOND TRUST?
The current trend direction for BLACKROCK CORE BOND TRUST (BHK) is Bearish.
Can you provide the RSI signal for BLACKROCK CORE BOND TRUST?
BLACKROCK CORE BOND TRUST (BHK) has an RSI value of 51.5256. This indicates that the stock is currently neutral.
What is the short term momentum for BHK stock?
The short term momentum for BLACKROCK CORE BOND TRUST (BHK) is neutral.
What are the support and resistance levels for BLACKROCK CORE BOND TRUST (BHK) stock?
BLACKROCK CORE BOND TRUST (BHK) has a support level at 9.9 and a resistance level at 9.96. Check the full technical report for our detailed analysis of BHK support and resistance levels.