BLACKROCK NEW YORK MUNI INC (BNY) Stock Technical Analysis
USA - NYSE:BNY - US09248L1061
10.11 USD
-0.05 (-0.49%)
9.92 USD
-0.19 (-1.88%)
Overall BNY gets a technical rating of 5 out of 10. BNY 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 long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the performance of all stocks over the past year, BNY turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
BNY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BNY is lagging the market.
In the last month BNY has a been trading in a tight range between 10.10 and 10.41.
BNY has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Another positive sign is the recent Pocket Pivot signal.
- 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.
More info and screens
9.25
11.19
When analyzing the support we can see 2 important areas.
- A support zone ranging from 9.63 to 9.63. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 9.34 to 9.38. 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 10.16 to 10.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.57 to 10.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.02 to 11.08. 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 BNY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BNY is neutral. |
| ChartMill Relative Strength | 48.64 | NEUTRAL | BNY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BNY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BNY is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BNY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.32 | NEUTRAL | The RSI value for BNY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BNY has a negative trend. |
| Stochastics (14,3) | 20.59 | NEUTRAL | The Stochastics value for BNY is a neutral value. |
| Average True Range in percent/ATR (20) | 0.93 | LOW VOLATILITY | The low ATR as a percentage value for BNY suggests low volalility. |
| Average Directional Index/ADX (14) | 18.9 | NEGATIVE | The low ADX value for BNY suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
10.11
-0.05 (-0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.49%
1 Week-0.3%
2 Weeks-1.65%
1 Month-2.13%
3 Month6.2%
6 Month3.16%
12 Month-3.9%
2 Year0.3%
3 Year-3.9%
5 Year-28.82%
10 Year-33.13%
15 Year-31.46%
Volatility
ATR(14)0.1
ATR(20)%0.93%
ATR Inc-7.22%
Range Today0.05
ADR(20)0.09
ADR(20)%0.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.64
3 months CRS75.37
6 months CRS47.03
Mansfield-0.92
10 Day High10.31
10 Day Low10.1
20 Day High10.41
20 Day Low10.1
52 Week High10.86
52 Week Low9.3
CS1 End9.63
CR1 Start10.16
Volume & EV
DER(3)-0.72%
DER(5)-1.01%
Volume51.20K
Volume Incr41.96%
Vol(5)94.02K
Vol(50)85.33K
BLACKROCK NEW YORK MUNI INC / BNY FAQ
What is the ChartMill technical rating of BLACKROCK NEW YORK MUNI INC (BNY) stock?
ChartMill assigns a technical rating of 5 / 10 to BNY.
What is the current trend direction of BLACKROCK NEW YORK MUNI INC (BNY) stock?
The current trend direction for BLACKROCK NEW YORK MUNI INC (BNY) is Bullish.
Can you provide the RSI signal for BLACKROCK NEW YORK MUNI INC?
BLACKROCK NEW YORK MUNI INC (BNY) has an RSI value of 42.3152. This indicates that the stock is currently neutral.
What is the short term momentum for BNY stock?
The short term momentum for BLACKROCK NEW YORK MUNI INC (BNY) is neutral.