BLACKROCK NEW YORK MUNI INC (BNY) Stock Technical Analysis
USA - NYSE:BNY - US09248L1061
10.14 USD
+0.01 (+0.1%)
9.92 USD
-0.22 (-2.17%)
Taking everything into account, BNY scores 6 out of 10 in our technical rating. BNY 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.
When comparing the yearly performance of all stocks, BNY is a bad performer in the overall market: 73% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month BNY has a been trading in the 9.39 - 10.20 range, which is quite wide. It is currently trading near the high of this range.
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.
BNY has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
9.25
11.19
When analyzing the support we notice one important area.
- A support zone ranging from 9.34 to 9.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 10.36 to 10.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @10.57 from a horizontal line in the weekly time frame.
- Resistance @10.74 from a horizontal line in the weekly time frame.
- 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 | NEUTRAL | NEUTRAL | The long term trend for BNY is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BNY is up. |
| ChartMill Relative Strength | 27.01 | NEGATIVE | BNY has a low relative strength, it was outperformed by 72.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BNY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BNY is above 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) | 81.9 | OVERBOUGHT | The high RSI value suggests BNY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests BNY has a positive trend. |
| Stochastics (14,3) | 96.95 | OVERBOUGHT | The high Stochastics value suggests BNY may be overbought. |
| Average True Range in percent/ATR (20) | 1.03 | LOW VOLATILITY | The low ATR as a percentage value for BNY suggests low volalility. |
| Average Directional Index/ADX (14) | 37.58 | POSITIVE | The high ADX value value for BNY suggests a strong 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)
10.14
+0.01 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.1%
1 Week4.21%
2 Weeks6.51%
1 Month5.19%
3 Month5.41%
6 Month-0.29%
12 Month-7.82%
2 Year11.43%
3 Year3.68%
5 Year-25.22%
10 Year-30.69%
15 Year-33.68%
Volatility
ATR(14)0.09
ATR(20)%1.03%
ATR Inc16.55%
Range Today0.12
ADR(20)0.1
ADR(20)%0.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.01
Mansfield-1.01
10 Day High10.2
10 Day Low9.5
20 Day High10.2
20 Day Low9.39
52 Week High11.1
52 Week Low9.3
CS1 End9.82
CR1 Start10.36
Volume & EV
DER(3)3.69%
DER(5)6.48%
Volume37.80K
Volume Incr23.02%
Vol(5)56.08K
Vol(50)63.10K