BLACKROCK LNG-TRM MUNI ADV (BTA) Technical Analysis
NYSE:BTA • US09250B1035
Current stock price
BTA Technical Rating and Analysis
Taking everything into account, BTA scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BTA is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- When compared to the yearly performance of all other stocks, BTA outperforms 40% of them, which is more or less in line with the market.
- BTA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BTA is lagging the market.
- In the last month BTA has a been trading in a tight range between 9.40 and 9.78.
BTA Weekly and Daily overview Charts
BTA Setup Rating and Analysis
BTA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 9.79. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.71, a Stop Loss order could be placed below this zone. 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
BTA Support and Resistance Analysis
8.66
We found 2 important support areas.
- A support zone ranging from 9.26 to 9.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.75 to 8.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Strong resistance @9.79 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.77 to 10.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
BTA 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 BTA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTA is up. |
| ChartMill Relative Strength | 40.08 | NEUTRAL | BTA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.63 | NEUTRAL | The RSI value for BTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BTA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.63 | OVERBOUGHT | The high Stochastics value suggests BTA may be overbought. |
| Average True Range in percent/ATR (20) | 0.74 | LOW VOLATILITY | The low ATR as a percentage value for BTA suggests low volalility. |
| Average Directional Index/ADX (14) | 18.28 | NEGATIVE | The low ADX value for BTA suggests a weak or negative trend. |
BTA Chart- and CandleStick Pattern Analysis
BTA Example Setup
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 |
|---|---|---|---|
| 9.80 | 9.59 | 0.21 (2.14%) | 25.00% |
| An entry @9.80. This is a Buy Stop order right above the resistance zone. | An exit @9.59. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.21 points, which is 2.14%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.54%. |
- 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.
BTA Technicals: Chart, Performance Metrics, Trend & Indicators
9.72
-0.01 (-0.1%)
BLACKROCK LNG-TRM MUNI ADV / BTA TA FAQ
What is the technical rating for BTA stock?
ChartMill assigns a technical rating of 7 / 10 to BTA.
Can you provide the trend direction for BLACKROCK LNG-TRM MUNI ADV?
The current trend direction for BLACKROCK LNG-TRM MUNI ADV (BTA) is Bullish.
Can you provide the RSI signal for BLACKROCK LNG-TRM MUNI ADV?
BLACKROCK LNG-TRM MUNI ADV (BTA) has an RSI value of 61.6281. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BLACKROCK LNG-TRM MUNI ADV?
The short term momentum for BLACKROCK LNG-TRM MUNI ADV (BTA) is positive.
What is the buy/sell signal for BTA stock?
The buy/sell signal for BLACKROCK LNG-TRM MUNI ADV (BTA) is buy as both the short term and long term trends are positive.