BLACKROCK INVEST QLTY MUNI (BKN) Stock Technical Analysis
NYSE:BKN - New York Stock Exchange, Inc. - US09247D1054 - Currency: USD
We assign a technical rating of 2 out of 10 to BKN. Recently some decent action could be observed, but in the medium term time frame this is still negative. BKN was also a bad performer in the overall market in the last year.
Although the technical rating is bad, BKN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 10.87, a Stop Loss order could be placed below this zone.
More info and screens
10.34
When analyzing the support we notice one important area.
- A support zone ranging from 10.44 to 10.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 10.92 to 11.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.80 to 11.80. 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 BKN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BKN is neutral. |
| ChartMill Relative Strength | 20.77 | NEGATIVE | BKN has a low relative strength, it was outperformed by 79.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BKN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BKN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BKN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.77 | NEUTRAL | The RSI value for BKN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BKN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.86 | NEUTRAL | The Stochastics value for BKN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.89 | LOW VOLATILITY | The low ATR as a percentage value for BKN suggests low volalility. |
| Average Directional Index/ADX (14) | 19.03 | NEGATIVE | The low ADX value for BKN suggests a weak or negative trend. |
NYSE:BKN (7/11/2025, 8:04:00 PM)
10.89
0 (0%)