BLACKROCK MUNI INC TR II (BLE) Stock Technical Analysis
NYSE:BLE - New York Stock Exchange, Inc. - US09249N1019 - Currency: USD
We assign a technical rating of 1 out of 10 to BLE. BLE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
BLE is currently trading near the lower end of its 52 week range, which is not a good sign. But, the S&P500 Index is also trading in the lower part of its yearly range, so BLE is not an exception.
BLE is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When compared to the yearly performance of all other stocks, BLE outperforms 44% of them, which is more or less in line with the market.
The technical rating of BLE is bad and it also does not present a quality setup 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
9.53
11.26
We found 1 important support area.
- Support @9.63 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 9.78 to 9.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.40 to 10.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.15 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.66
Mansfield-0.21
10 Day High10.54
10 Day Low9.56
20 Day High10.81
20 Day Low9.56
52 Week High11.41
52 Week Low9.56
Performance
1 Week2.07%
2 Weeks-6.37%
1 Month-6.2%
3 Month-6.99%
6 Month-12.38%
12 Month-4.93%
2 Year-6.46%
3 Year-13.38%
5 Year-24.48%
10 Year-34.49%
15 Year-29.76%
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)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)36.17
LBB9.44
UBB10.73
NYSE:BLE (4/21/2025, 3:52:51 PM)
9.65
-0.19 (-1.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.93%
1 Week2.07%
2 Weeks-6.37%
1 Month-6.2%
3 Month-6.99%
6 Month-12.38%
12 Month-4.93%
2 Year-6.46%
3 Year-13.38%
5 Year-24.48%
10 Year-34.49%
15 Year-29.76%
Volatility
ATR(14)0.2
ATR(20)%1.91%
ATR Inc-45.19%
Range Today0.2
ADR(20)0.18
ADR(20)%1.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.66
Mansfield-0.21
10 Day High10.54
10 Day Low9.56
20 Day High10.81
20 Day Low9.56
52 Week High11.41
52 Week Low9.56
CS1 End9.78
CR1 Start10.4
Volume & EV
DER(3)-1.57%
DER(5)0.04%
Volume260.74K
Volume Incr11.39%
Vol(5)153.54K
Vol(50)108.76K