BLACKROCK MULTI-SECTOR INC (BIT) Stock Technical Analysis
USA - NYSE:BIT - US09258A1079
13.31 USD
0 (0%)
Taking everything into account, BIT scores 0 out of 10 in our technical rating. BIT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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, BIT is a bad performer in the overall market: 83% of all stocks are doing better.
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.
In the last month BIT has a been trading in a tight range between 13.21 and 13.99.
BIT has a poor technical rating and the quality of the setup is also only medium 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
12.97
15.25
When analyzing the support we notice one important area.
- A support zone ranging from 13.10 to 13.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 13.36 to 13.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 14.43 to 15.10. 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 | 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 | 17.07 | NEGATIVE | BIT has a low relative strength, it was outperformed by 82.93% 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) | 32.2 | NEUTRAL | The RSI value for BIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BIT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 22.15 | NEUTRAL | The Stochastics value for BIT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.14 | LOW VOLATILITY | The low ATR as a percentage value for BIT suggests low volalility. |
| Average Directional Index/ADX (14) | 32.71 | 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 (9/29/2025, 9:47:08 AM)
13.31
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-1.11%
2 Weeks-3.48%
1 Month-2.99%
3 Month-8.65%
6 Month-7.95%
12 Month-11.85%
2 Year-8.02%
3 Year-6.53%
5 Year-15.65%
10 Year-15.28%
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%1.14%
ATR Inc28.27%
Range Today0.05
ADR(20)0.14
ADR(20)%1.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.07
Mansfield-1.69
10 Day High13.7
10 Day Low13.21
20 Day High13.99
20 Day Low13.21
52 Week High15.2
52 Week Low12.5
CS1 End13.3
CR1 Start13.36
Volume & EV
DER(3)-10.08%
DER(5)-6.66%
Volume32.23K
Volume Incr-12.36%
Vol(5)471.78K
Vol(50)445.62K