BLACKROCK MUNI INC TR II (BLE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BLE - US09249N1019
We assign a technical rating of 3 out of 10 to BLE. BLE was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
Although the technical rating is bad, BLE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.38, a Stop Loss order could be placed below this zone.
More info and screens
9.50
2 important support areas can be observed.
- A support zone ranging from 10.31 to 10.40. 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 10.44 to 10.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.68 to 10.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for BLE is neutral. |
| ChartMill Relative Strength | 37.86 | NEUTRAL | BLE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BLE is above 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 | MIXED | The current price of BLE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.11 | NEUTRAL | The RSI value for BLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BLE has a positive trend. |
| Stochastics (14,3) | 43.78 | NEUTRAL | The Stochastics value for BLE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.69 | LOW VOLATILITY | The low ATR as a percentage value for BLE suggests low volalility. |
| Average Directional Index/ADX (14) | 19.1 | NEGATIVE | The low ADX value for BLE suggests a weak or negative trend. |
NYSE:BLE (12/19/2025, 2:03:35 PM)
10.415
+0.02 (+0.24%)
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 3 / 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 47.1099. 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 0.000507248, 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 neutral.