BLACKROCK CORE BOND TRUST (BHK) Stock Technical Analysis
USA - NYSE:BHK - US09249E1010
Taking everything into account, BHK scores 3 out of 10 in our technical rating. In the past year, BHK was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
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. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 9.82, a Stop Loss order could be placed below this zone.
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9.32
When analyzing the support we notice one important area.
- A support zone ranging from 9.41 to 9.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 9.88 to 9.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.48 to 10.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @11.26 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 | UP | POSITIVE | The short term trend for BHK is up. |
| ChartMill Relative Strength | 18.44 | NEGATIVE | BHK has a low relative strength, it was outperformed by 81.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BHK is above 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) | 58.61 | NEUTRAL | The RSI value for BHK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BHK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.54 | NEUTRAL | The Stochastics value for BHK is a neutral value. |
| Average True Range in percent/ATR (20) | 0.77 | LOW VOLATILITY | The low ATR as a percentage value for BHK suggests low volalility. |
| Average Directional Index/ADX (14) | 18.48 | NEGATIVE | The low ADX value for BHK suggests a weak or negative trend. |
NYSE:BHK (9/22/2025, 9:28:06 PM)
9.86
0 (0%)