INVESCO BULLETSHARES 2029 MB (BSMT) Stock Technical Analysis
NASDAQ:BSMT - Nasdaq - US46138J4783 - ETF - Currency: USD
Overall BSMT gets a technical rating of 4 out of 10. In the past year, BSMT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is only medium, BSMT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 22.84, a Stop Loss order could be placed below this zone.
More info and screens
21.67
We found 2 important support areas.
- A support zone ranging from 22.66 to 22.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.89 to 22.21. 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 23.12 to 23.50. 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 BSMT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BSMT is up. |
| ChartMill Relative Strength | 33.31 | NEUTRAL | BSMT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BSMT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BSMT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BSMT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.43 | NEUTRAL | The RSI value for BSMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BSMT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.17 | NEUTRAL | The Stochastics value for BSMT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.25 | LOW VOLATILITY | The low ATR as a percentage value for BSMT suggests low volalility. |
| Average Directional Index/ADX (14) | 17.89 | NEGATIVE | The low ADX value for BSMT suggests a weak or negative trend. |
NASDAQ:BSMT (8/8/2025, 8:21:47 PM)
22.88
-0.01 (-0.03%)