BLACKROCK SCI & TECH TRM TR (BSTZ) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BSTZ - US09260K1016
We assign a technical rating of 7 out of 10 to BSTZ. Although BSTZ is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, BSTZ also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 23.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.66, a Stop Loss order could be placed below this zone.
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16.84
5 important support areas can be observed.
- A support zone ranging from 22.19 to 22.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.70 to 21.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 20.89 to 21.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.52 from a horizontal line in the daily time frame.
- Support @17.01 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.02 to 23.24. 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 | 59.85 | 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) | 58.23 | NEUTRAL | The RSI value for BSTZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BSTZ has a positive trend. |
| Stochastics (14,3) | 70.07 | NEUTRAL | The Stochastics value for BSTZ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for BSTZ suggests low volalility. |
| Average Directional Index/ADX (14) | 15.79 | NEGATIVE | The low ADX value for BSTZ suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 23.25 | 22.18 | 1.07 (4.60%) | 21.73% |
| An entry @23.25. This is a Buy Stop order right above the resistance zone. | An exit @22.18. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.07 points, which is 4.60%. | When investing 21.73% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
22.99
+0.15 (+0.66%)
BLACKROCK SCI & TECH TRM TR / BSTZ FAQ
What is the ChartMill technical rating of BLACKROCK SCI & TECH TRM TR (BSTZ) stock?
ChartMill assigns a technical rating of 7 / 10 to BSTZ.
Can you provide the trend direction for BLACKROCK SCI & TECH TRM TR?
The current trend direction for BLACKROCK SCI & TECH TRM TR (BSTZ) is Bullish.
What is the RSI signal for BSTZ stock?
BLACKROCK SCI & TECH TRM TR (BSTZ) has an RSI value of 58.2308. This indicates that the stock is currently neutral.
What is the MACD signal for BSTZ stock?
The MACD indicator for BLACKROCK SCI & TECH TRM TR (BSTZ) has a value of 0.0416871, indicating a bearish trend.
Can you provide the buy/sell signal for BLACKROCK SCI & TECH TRM TR?
The buy/sell signal for BLACKROCK SCI & TECH TRM TR (BSTZ) is buy as both the short term and long term trends are positive.