Blackrock Strategic Muni Trust Inc (BSD) Technical Analysis
NYSE:BSD
Current stock price
BSD Technical Rating and Analysis
Overall BSD gets a technical rating of 5 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, BSD is a bad performer.
- When comparing the yearly performance of all stocks, BSD is a bad performer in the overall market: 74% of all stocks are doing better.
- 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 however is currently trading near a new high, so BSD is lagging the market slightly.
- 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 also the quality of the setup is only medium 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
When analyzing the support we can see 3 important 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.
What is the RSI signal for BSD stock?
Blackrock Strategic Muni Trust Inc (BSD) has an RSI value of 59.0569. This indicates that the stock is currently neutral.
What is the MACD signal for Blackrock Strategic Muni Trust Inc (BSD) stock?
The MACD indicator for Blackrock Strategic Muni Trust Inc (BSD) has a value of 0.0423546, indicating a bearish trend.
What is the buy/sell signal for BSD stock?
The buy/sell signal for Blackrock Strategic Muni Trust Inc (BSD) is buy as both the short term and long term trends are positive.