BLACKROCK MUNI INC TR II (BLE) Stock Technical Analysis
USA - NYSE:BLE - US09249N1019
We assign a technical rating of 8 out of 10 to BLE. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BLE is only an average performer.
Besides having an excellent technical rating, BLE also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 10.53, 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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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.
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9.50
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.30 to 10.53. 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.
We can see 3 important resistance areas.
- Resistance @10.63 from a trend line in the daily time frame.
- Resistance @10.82 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 | 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 | 44.83 | 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) | UP | POSITIVE | The current price of BLE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BLE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59 | 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. |
| Stochastics (14,3) | 81.25 | 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) | 34.88 | POSITIVE | The high ADX value value for BLE suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.64 | 10.43 | 0.21 (2.02%) | 25.00% |
| An entry @10.64. This is a Buy Stop order right above the resistance zone. | An exit @10.43. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.21 points, which is 2.02%. | For a 0.51% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:BLE (10/29/2025, 8:15:17 PM)
10.54
-0.05 (-0.47%)
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 8 / 10 to BLE.
Can you provide the trend direction for BLACKROCK MUNI INC TR II?
The current trend direction for BLACKROCK MUNI INC TR II (BLE) is Bullish.
Can you provide the RSI signal for BLACKROCK MUNI INC TR II?
BLACKROCK MUNI INC TR II (BLE) has an RSI value of 59.0008. This indicates that the stock is currently neutral.
What is the MACD signal for BLE stock?
The MACD indicator for BLACKROCK MUNI INC TR II (BLE) has a value of -0.00481081, indicating a bearish trend.
What is the short term momentum for BLE stock?
The short term momentum for BLACKROCK MUNI INC TR II (BLE) is positive.