BLACKROCK INCOME TRUST (BKT) Stock Technical Analysis
NYSE:BKT - US09247F2092
Taking everything into account, BKT scores 5 out of 10 in our technical rating. In the last year, BKT was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, BKT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 11.82. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.73, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
11.12
When analyzing the support we can see 2 important areas.
- A support zone ranging from 11.66 to 11.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.23 to 11.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 11.82 to 11.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 12.14 to 12.30. 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 | UP | POSITIVE | The long term trend for BKT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BKT is up. |
| ChartMill Relative Strength | 28.63 | NEGATIVE | BKT has a low relative strength, it was outperformed by 71.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BKT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BKT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BKT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.5 | NEUTRAL | The RSI value for BKT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BKT has a positive trend. |
| Stochastics (14,3) | 76.96 | NEUTRAL | The Stochastics value for BKT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.51 | LOW VOLATILITY | The low ATR as a percentage value for BKT suggests low volalility. |
| Average Directional Index/ADX (14) | 9.81 | NEGATIVE | The low ADX value for BKT suggests a weak or negative trend. |
NYSE:BKT (8/27/2025, 8:04:00 PM)
11.78
+0.02 (+0.17%)