BLACKROCK CORE BOND TRUST (BHK) Stock Technical Analysis
NYSE:BHK - New York Stock Exchange, Inc. - US09249E1010 - Currency: USD
Taking everything into account, BHK scores 0 out of 10 in our technical rating. BHK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, BHK is a bad performer in the overall market: 77% of all stocks are doing better.
BHK is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so BHK is lagging the market.
In the last month BHK has a been trading in the 9.56 - 10.58 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of BHK is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.50
11.39
We can see 4 important resistance areas.
- A resistance zone ranging from 10.13 to 10.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.67 to 10.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.01 from a horizontal line in the daily time frame.
- Resistance @11.28 from a horizontal line in the daily 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 BHK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BHK is down. |
| ChartMill Relative Strength | 23.69 | NEGATIVE | BHK has a low relative strength, it was outperformed by 76.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BHK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BHK is below a declining 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) | 28.95 | OVERSOLD | The low RSI value suggests BHK may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests BHK has a negative trend. |
| Stochastics (14,3) | 3.06 | OVERSOLD | The low Stochastics value suggests BHK may be oversold. |
| Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for BHK suggests low volalility. |
| Average Directional Index/ADX (14) | 27.72 | POSITIVE | The high ADX value value for BHK suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSE:BHK (6/6/2025, 8:04:00 PM)
9.6
-0.1 (-1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.03%
1 Week-4.86%
2 Weeks-6.07%
1 Month-8.57%
3 Month-10.03%
6 Month-14.29%
12 Month-9.69%
2 Year-9.77%
3 Year-15.19%
5 Year-37.54%
10 Year-24.23%
15 Year-26.94%
Volatility
ATR(14)0.18
ATR(20)%1.67%
ATR Inc-18.24%
Range Today0.14
ADR(20)0.13
ADR(20)%1.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.69
Mansfield-1.6
10 Day High10.38
10 Day Low9.56
20 Day High10.58
20 Day Low9.56
52 Week High12.1
52 Week Low9.56
CS1 EndN/A
CR1 Start10.13
Volume & EV
DER(3)-5.74%
DER(5)-3.22%
Volume296.60K
Volume Incr-31.93%
Vol(5)175.96K
Vol(50)189.47K