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 has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The technical rating of BLE is bad and it also does not present a quality setup 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.
More info and screens
9.50
When analyzing the support we notice one important area.
- 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.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 10.36 to 10.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.83 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 | DOWN | NEGATIVE | The short term trend for BLE is down. |
| ChartMill Relative Strength | 52.81 | NEUTRAL | BLE is not amongst the best or worst performers 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 | MIXED | The current price of BLE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.03 | NEUTRAL | The RSI value for BLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BLE has a negative trend. |
| Stochastics (14,3) | 5.82 | OVERSOLD | The low Stochastics value suggests BLE may be oversold. |
| 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) | 30.33 | POSITIVE | The high ADX value value for BLE suggests a strong trend. |
NYSE:BLE (11/21/2025, 8:14:02 PM)
10.33
+0.02 (+0.19%)
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 36.0339. 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 -0.0345005, 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 negative.