BLACKROCK MULTI-SECTOR INC (BIT) Stock Technical Analysis
NYSE:BIT - US09258A1079
13.6765 USD
+0.11 (+0.78%)
Overall BIT gets a technical rating of 0 out of 10. BIT'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, BIT is a bad performer in the overall market: 82% of all stocks are doing better.
In the last month BIT has a been trading in the 13.40 - 15.12 range, which is quite wide. It is currently trading near the lows of this range.
BIT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BIT is lagging the market.
Volume is considerably higher in the last couple of days.
BIT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for BIT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
13.25
15.25
We found 1 important support area.
- Support @13.38 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 14.38 to 15.10. 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 BIT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BIT is down. |
| ChartMill Relative Strength | 18.88 | NEGATIVE | BIT has a low relative strength, it was outperformed by 81.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BIT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BIT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BIT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.61 | NEUTRAL | The RSI value for BIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BIT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.13 | NEUTRAL | The Stochastics value for BIT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for BIT suggests low volalility. |
| Average Directional Index/ADX (14) | 35.7 | POSITIVE | The high ADX value value for BIT 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:BIT (9/8/2025, 12:21:00 PM)
13.6765
+0.11 (+0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.78%
1 Week-0.17%
2 Weeks-0.75%
1 Month-7.28%
3 Month-4.83%
6 Month-5.94%
12 Month-9.37%
2 Year-5.48%
3 Year-3.96%
5 Year-13.33%
10 Year-12.94%
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%1.5%
ATR Inc-39.2%
Range Today0.13
ADR(20)0.18
ADR(20)%1.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.88
Mansfield-1.37
10 Day High13.85
10 Day Low13.4
20 Day High15.12
20 Day Low13.4
52 Week High15.21
52 Week Low12.5
CS1 End13.38
CR1 Start14.38
Volume & EV
DER(3)8.79%
DER(5)5.44%
Volume247.84K
Volume Incr2.32%
Vol(5)473.81K
Vol(50)334.50K