BLACKROCK SCI & TECH TRM TR (BSTZ) Stock Technical Analysis
NYSE:BSTZ - New York Stock Exchange, Inc. - US09260K1016 - Currency: USD
We assign a technical rating of 7 out of 10 to BSTZ. BSTZ has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
In the last month BSTZ has a been trading in the 18.67 - 19.83 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, BSTZ turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
BSTZ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BSTZ is lagging the market.
BSTZ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 19.55, a Stop Loss order could be placed below this zone.
More info and screens
16.36
22.35
We found 3 important support areas.
- A support zone ranging from 18.90 to 19.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.00 to 17.01. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @16.53 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.84 to 22.13. 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 | UP | POSITIVE | The long term trend for BSTZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BSTZ is up. |
| ChartMill Relative Strength | 51.45 | 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 | POSITIVE | The current price of BSTZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.51 | NEUTRAL | The RSI value for BSTZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BSTZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.44 | OVERBOUGHT | The high Stochastics value suggests BSTZ may be overbought. |
| Average True Range in percent/ATR (20) | 1.37 | LOW VOLATILITY | The low ATR as a percentage value for BSTZ suggests low volalility. |
| Average Directional Index/ADX (14) | 21.47 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 19.84 | 19.12 | 0.72 (3.63%) | 25.00% |
| An entry @19.84. This is a Buy Stop order right above the 10 day high. | An exit @19.12. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.72 points, which is 3.63%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.91%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
19.76
+0.04 (+0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.2%
1 Week1.59%
2 Weeks2.33%
1 Month3.46%
3 Month6.18%
6 Month-8.6%
12 Month1.02%
2 Year9.11%
3 Year0.87%
5 Year-12.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%1.37%
ATR Inc-30.4%
Range Today0.14
ADR(20)0.26
ADR(20)%1.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.45
Mansfield-0.43
10 Day High19.83
10 Day Low19.13
20 Day High19.83
20 Day Low18.67
52 Week High22.28
52 Week Low15.22
CS1 End19.55
CR1 Start21.84
Volume & EV
DER(3)1.33%
DER(5)2.73%
Volume175.50K
Volume Incr4.87%
Vol(5)219.38K
Vol(50)237.91K