Blackrock Strategic Muni Trust Inc (BSD) Technical Analysis
NYSE:BSD
Current stock price
BSD Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to BSD. Although BSD is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 74% of all other stocks performed better in the past year than BSD.
- Warning: BSD has an average volume of 9848 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- BSD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BSD is performing more or less in line with the market.
- In the last month BSD has a been trading in a tight range between 14.34 and 15.03.
- Volume is considerably higher in the last couple of days.
BSD Weekly and Daily overview Charts
BSD Setup Rating and Analysis
BSD has an average technical rating and the quality of the presented setup is also not ideal 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.
More info and screens
BSD Support and Resistance Analysis
13.06
We found 3 important support areas.
- A support zone ranging from 14.41 to 14.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.07 from a horizontal line in the daily time frame.
- A support zone ranging from 13.19 to 13.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.02 to 15.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
BSD Technical Indicator Signal Analysis
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 BSD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BSD is up. |
| ChartMill Relative Strength | 26.27 | NEGATIVE | BSD has a low relative strength, it was outperformed by 73.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BSD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BSD is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BSD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.06 | NEUTRAL | The RSI value for BSD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BSD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.49 | NEUTRAL | The Stochastics value for BSD is a neutral value. |
| Average True Range in percent/ATR (20) | 0.79 | LOW VOLATILITY | The low ATR as a percentage value for BSD suggests low volalility. |
BSD Chart- and CandleStick Pattern Analysis
BSD Technicals: Chart, Performance Metrics, Trend & Indicators
Blackrock Strategic Muni Trust Inc
NYSE:BSD (4/9/2021, 8:04:01 PM)
14.76
+0.03 (+0.2%)
Blackrock Strategic Muni Trust Inc / BSD TA FAQ
What is the technical rating for BSD stock?
ChartMill assigns a technical rating of 5 / 10 to BSD.
What is the trend direction for BSD stock?
The current trend direction for Blackrock Strategic Muni Trust Inc (BSD) is Bullish.
Can you provide the RSI signal for Blackrock Strategic Muni Trust Inc?
Blackrock Strategic Muni Trust Inc (BSD) has an RSI value of 59.0569. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Blackrock Strategic Muni Trust Inc?
The short term momentum for Blackrock Strategic Muni Trust Inc (BSD) is positive.
Can you provide the support and resistance levels for Blackrock Strategic Muni Trust Inc?
Blackrock Strategic Muni Trust Inc (BSD) has a support level at 14.74 and a resistance level at 15.02. Check the full technical report for our detailed analysis of BSD support and resistance levels.