BLACKROCK MUNI INC TR II (BLE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BLE - US09249N1019
We assign a technical rating of 5 out of 10 to BLE. Although BLE is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, BLE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 10.47, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BLE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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9.50
2 important support areas can be observed.
- A support zone ranging from 10.29 to 10.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.60 to 9.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @10.83 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for BLE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLE is up. |
| ChartMill Relative Strength | 35.82 | NEUTRAL | BLE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BLE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BLE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.36 | NEUTRAL | The RSI value for BLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BLE has a positive trend. |
| Stochastics (14,3) | 85.67 | OVERBOUGHT | The high Stochastics value suggests BLE may be overbought. |
| Average True Range in percent/ATR (20) | 0.71 | LOW VOLATILITY | The low ATR as a percentage value for BLE suggests low volalility. |
| Average Directional Index/ADX (14) | 18.34 | NEGATIVE | The low ADX value for BLE suggests a weak or negative trend. |
NYSE:BLE (1/9/2026, 8:04:00 PM)
10.5
+0.07 (+0.67%)
BLACKROCK MUNI INC TR II / BLE FAQ
What is the ChartMill technical rating of BLACKROCK MUNI INC TR II (BLE) stock?
ChartMill assigns a technical rating of 5 / 10 to BLE.
What is the trend direction for BLE stock?
The current trend direction for BLACKROCK MUNI INC TR II (BLE) is Bullish.
What is the RSI signal for BLACKROCK MUNI INC TR II (BLE) stock?
BLACKROCK MUNI INC TR II (BLE) has an RSI value of 60.3587. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BLACKROCK MUNI INC TR II?
The MACD indicator for BLACKROCK MUNI INC TR II (BLE) has a value of 0.0159929, indicating a bearish trend.
What is the short term momentum for BLACKROCK MUNI INC TR II (BLE) stock?
The short term momentum for BLACKROCK MUNI INC TR II (BLE) is positive.