BLACKROCK MUN INC TRUST II (BLE)

US09249N1019

10.46  +0.08 (+0.77%)

Technical Rating and Analysis

1

Overall BLE gets a technical rating of 1 out of 10. 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.

BLE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BLE is performing more or less in line with the market.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, BLE turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
In the last month BLE has a been trading in a tight range between 10.30 and 10.86.
Weekly and Daily overview Charts
BLE Weekly chart
BLE Daily chart
Setup Rating and Analysis

6

BLE 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.

Support and Resistance Analysis

10.24

11.20

When analyzing the support we notice one important area.

  • A support zone ranging from 10.34 to 10.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 10.55 to 10.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @11.09 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.81
Mansfield-0.72
10 Day High10.59
10 Day Low10.3
20 Day High10.86
20 Day Low10.3
52 Week High10.95
52 Week Low8.77
Performance
1 Week0.97%
2 Weeks-1.6%
1 Month-3.06%
3 Month-0.1%
6 Month18.46%
12 Month-0.57%
2 Year-7.92%
3 Year-30.77%
5 Year-25.39%
10 Year-26.96%
15 Year-5.6%
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)-0.01
RSI(14)40.82
LBB10.26
UBB10.67
BLE Daily chart

BLACKROCK MUN INC TRUST II

NYSE:BLE (4/23/2024, 6:47:49 PM)

10.46

+0.08 (+0.77%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.77%
1 Week0.97%
2 Weeks-1.6%
1 Month-3.06%
3 Month-0.1%
6 Month18.46%
12 Month-0.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.08
ATR(20)%0.8%
ATR Inc
Range Today0.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High10.59
10 Day Low10.3
20 Day High10.86
20 Day Low10.3
52 Week High10.95
52 Week Low8.77
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume84.15K
Volume Incr-23.91%
Vol(5)65.35K
Vol(50)88.77K