BLACKROCK NEW YORK MUNI INC (BNY) Stock Technical Analysis
NYSE:BNY - New York Stock Exchange, Inc. - US09248L1061 - Currency: USD
Overall BNY gets a technical rating of 0 out of 10. BNY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, BNY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 9.34, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BNY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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9.25
When analyzing the support we notice one important area.
- A support zone ranging from 9.34 to 9.34. 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 9.41 to 9.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.94 to 10.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.49 to 10.74. 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 | DOWN | NEGATIVE | The long term trend for BNY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BNY is down. |
| ChartMill Relative Strength | 17.49 | NEGATIVE | BNY has a low relative strength, it was outperformed by 82.51% off all stocks 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) | DOWN | NEGATIVE | The current price of BNY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BNY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28 | OVERSOLD | The low RSI value suggests BNY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BNY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.15 | OVERSOLD | The low Stochastics value suggests BNY may be oversold. |
| Average True Range in percent/ATR (20) | 0.95 | LOW VOLATILITY | The low ATR as a percentage value for BNY suggests low volalility. |
| Average Directional Index/ADX (14) | 37.09 | POSITIVE | The high ADX value value for BNY suggests a strong trend. |
NYSE:BNY (7/31/2025, 2:20:58 PM)
9.4
+0.05 (+0.53%)