BLACKROCK ENHANCED GLOBAL DI (BOE)

US0925011050

10.46  +0.08 (+0.77%)

Technical Rating and Analysis

7

Taking everything into account, BOE scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BOE is only an average performer.

The long and short term trends are both positive. This is looking good!
BOE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the performance of all stocks over the past year, BOE turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
In the last month BOE has a been trading in a tight range between 10.18 and 10.48.
Weekly and Daily overview Charts
BOE Weekly chart
BOE Daily chart
Setup Rating and Analysis

8

BOE has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.47. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.44, a Stop Loss order could be placed below this zone. 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.
Support and Resistance Analysis

8.56

10.65

We found 3 important support areas.

  • A support zone ranging from 10.19 to 10.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 9.80 to 10.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @8.65 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 10.47 to 10.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.28
Mansfield-0.9
10 Day High10.48
10 Day Low10.22
20 Day High10.48
20 Day Low10.18
52 Week High10.48
52 Week Low8.8
Performance
1 Week0.29%
2 Weeks1.75%
1 Month2.45%
3 Month5.44%
6 Month10.92%
12 Month5.34%
2 Year-7.52%
3 Year-8.96%
5 Year-2.24%
10 Year-28.5%
15 Year-21.41%
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)61.82
LBB10.22
UBB10.5
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
10.5510.210.34 (3.22%)25.00%
An entry @10.55. This is a Buy Stop order right above the resistance zone.An exit @10.21. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.34 points, which is 3.22%.For a 0.81% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BOE Daily chart

BLACKROCK ENHANCED GLOBAL DI

NYSE:BOE (3/28/2024, 8:04:01 PM)

10.46

+0.08 (+0.77%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.77%
1 Week0.29%
2 Weeks1.75%
1 Month2.45%
3 Month5.44%
6 Month10.92%
12 Month5.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.09
ATR(20)%0.95%
ATR Inc
Range Today0.11
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High10.48
10 Day Low10.22
20 Day High10.48
20 Day Low10.18
52 Week High10.48
52 Week Low8.8
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume314.90K
Volume Incr9.82%
Vol(5)149.04K
Vol(50)150.48K