BLACKROCK MUNI INC TR II (BLE) Stock Technical Analysis
NYSE:BLE - New York Stock Exchange, Inc. - US09249N1019 - Currency: USD
Overall BLE gets a technical rating of 0 out of 10. BLE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
75% of all other stocks performed better in the past year than BLE.
BLE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month BLE has a been trading in a tight range between 9.80 and 10.19.
BLE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.78, a Stop Loss order could be placed below this zone.
More info and screens
9.50
11.48
We found 1 important support area.
- A support zone ranging from 9.60 to 9.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 9.90 to 10.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.39 to 10.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.63 to 10.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Strong resistance @10.93 from a horizontal line in the daily time frame.
- A resistance zone ranging from 11.36 to 11.37. 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 BLE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BLE is down. |
| ChartMill Relative Strength | 25.57 | NEGATIVE | BLE has a low relative strength, it was outperformed by 74.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BLE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BLE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.58 | NEUTRAL | The RSI value for BLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BLE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.52 | NEUTRAL | The Stochastics value for BLE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.92 | LOW VOLATILITY | The low ATR as a percentage value for BLE suggests low volalility. |
| Average Directional Index/ADX (14) | 27.21 | POSITIVE | The high ADX value value for BLE 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:BLE (6/10/2025, 4:15:00 PM)
9.89
+0.03 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.3%
1 Week-0.1%
2 Weeks-0.8%
1 Month-2.94%
3 Month-4.81%
6 Month-8.43%
12 Month-7.22%
2 Year-5%
3 Year-10.5%
5 Year-32.77%
10 Year-29.86%
15 Year-30.69%
Volatility
ATR(14)0.09
ATR(20)%0.92%
ATR Inc-32.01%
Range Today0.07
ADR(20)0.09
ADR(20)%0.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.57
Mansfield-1.2
10 Day High10.01
10 Day Low9.82
20 Day High10.19
20 Day Low9.81
52 Week High11.41
52 Week Low9.56
CS1 End9.78
CR1 Start9.9
Volume & EV
DER(3)-1.73%
DER(5)-2.24%
Volume102.45K
Volume Incr20.58%
Vol(5)118.73K
Vol(50)132.34K