BLUEMONTE SHORT TERM BND ETF (BLST) Stock Technical Analysis
NYSEARCA:BLST - NYSE Arca - US3015053503 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to BLST. BLST has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, BLST does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 25.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.16, a Stop Loss order could be placed below this zone.
More info and screens
24.73
We found 1 important support area.
- A support zone ranging from 24.98 to 25.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.20 to 25.23. 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 BLST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLST is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BLST has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLST is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 56.25 | NEUTRAL | The RSI value for BLST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.72 | NEGATIVE | The MACD value suggests BLST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 84.45 | OVERBOUGHT | The high Stochastics value suggests BLST may be overbought. |
| Average True Range in percent/ATR (20) | 0.22 | LOW VOLATILITY | The low ATR as a percentage value for BLST suggests low volalility. |
| Average Directional Index/ADX (14) | 20.31 | NEUTRAL | The ADX value for BLST suggests a possible start of a new trend. |
NYSEARCA:BLST (8/8/2025, 8:21:14 PM)
25.165
-0.03 (-0.14%)