BLACKROCK SCI & TECH TRM TR (BSTZ) Stock Technical Analysis
NYSE:BSTZ - New York Stock Exchange, Inc. - US09260K1016 - Currency: USD
Overall BSTZ gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. BSTZ was also a bad performer in the overall market in the last year.
65% of all other stocks performed better in the past year than BSTZ.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
BSTZ is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
BSTZ is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BSTZ is lagging the market slightly.
Although the technical rating is only medium, BSTZ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. 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.
More info and screens
15.96
22.17
When analyzing the support we can see 2 important areas.
- A support zone ranging from 16.53 to 17.01. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @16.12 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 18.99 to 19.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.84 to 21.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 BSTZ is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BSTZ is up. |
| ChartMill Relative Strength | 35.27 | NEUTRAL | BSTZ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BSTZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BSTZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BSTZ is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.01 | NEUTRAL | The RSI value for BSTZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests BSTZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.76 | NEUTRAL | The Stochastics value for BSTZ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for BSTZ suggests low volalility. |
| Average Directional Index/ADX (14) | 20.88 | NEUTRAL | The ADX value for BSTZ suggests a possible start of a new trend. |
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)
18.9
-0.17 (-0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.89%
1 Week-1.36%
2 Weeks3.68%
1 Month8.12%
3 Month-10.09%
6 Month-11.76%
12 Month-2.33%
2 Year8.68%
3 Year-16.56%
5 Year-10.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%1.91%
ATR Inc-39.43%
Range Today0.23
ADR(20)0.33
ADR(20)%1.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.27
Mansfield-0.61
10 Day High19.38
10 Day Low18.15
20 Day High19.38
20 Day Low17.34
52 Week High22.28
52 Week Low15.22
CS1 End17.01
CR1 Start18.99
Volume & EV
DER(3)-1.24%
DER(5)-3.96%
Volume171.50K
Volume Incr-19.17%
Vol(5)150.66K
Vol(50)233.42K