BLACKROCK ENHANCED GLOBAL DI (BOE)       10.44  -0.15 (-1.42%)

10.44  -0.15 (-1.42%)

US0925011050 - After market: 10.473 +0.03 (+0.32%)

Technical Rating

8

Taking everything into account, BOE scores 8 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.



Both the short term and long term trends are positive. This is a very positive sign.
In the last month BOE has a been trading in the 9.71 - 10.61 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
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.
BOE is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.

Statistics

1 Month 3 Months 6 Months 12 Months 8.07% 14.22% 0.38% -11.38% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 53.31 8.5195 - 12.12
BOE Weekly chart
BOE Daily chart

Support/Resistance Analysis


9.25

11.47
We found 3 important support areas.
  • A support zone ranging from 9.87 to 10.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @9.69 from a trend line in the daily time frame.
  • A support zone ranging from 9.34 to 9.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
  • A resistance zone ranging from 10.45 to 10.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @10.91 from a trend line in the weekly time frame.
  • Resistance @11.36 from a trend line in the weekly time frame.

Setup Analysis

Setup Rating

3

Although BOE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.


BOE Daily chart

BLACKROCK ENHANCED GLOBAL DI10.44

NYSE:BOE (2/3/2023, 7:28:15 PM)-0.15 (-1.42%)

After market: 10.473 +0.03 (+0.32%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector N/A
GICS Industry N/A

Performance
Today -1.42% 1 Week 2.86%
2 Weeks 3.06% 1 Month 8.07%
3 Month 14.22% 6 Month 0.38%

Volatility
ATR(14) 0.14 ATR(20)% 1.5%
ATR Inc 6.61% Range Today 0.22

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 53.31 Mansfield 0.07
10 Day High 10.61 10 Day Low 10.04
20 Day High 10.61 20 Day Low 9.71
52 Week High 12.12 52 Week Low 8.52
CS1 End 10.3 CR1 Start 10.45

Volume & EV
DER(3) 5.65% DER(5) 6.8%
Volume 191.70K Volume Incr -30.27%
Vol(5) 200.12K Vol(50) 224.26K

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