BLACKROCK 2030 MUNI TRGT TRM (BTT) Technical Analysis
NYSE:BTT • US09257P1057
Current stock price
BTT Technical Rating and Analysis
Overall BTT gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BTT is only an average performer.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- BTT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BTT is lagging the market slightly.
- When compared to the yearly performance of all other stocks, BTT outperforms 48% of them, which is more or less in line with the market.
- In the last month BTT has a been trading in a tight range between 22.54 and 23.24.
- Considerably lower volume is observed in the last couple of days.
BTT Weekly and Daily overview Charts
BTT Setup Rating and Analysis
BTT has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
BTT Support and Resistance Analysis
20.18
When analyzing the support we can see 3 important areas.
- A support zone ranging from 22.27 to 22.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @21.90 from a horizontal line in the daily time frame.
- A support zone ranging from 20.38 to 20.43. 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 23.03 to 23.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
BTT 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 BTT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BTT is neutral. |
| ChartMill Relative Strength | 48.29 | NEUTRAL | BTT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.75 | NEUTRAL | The RSI value for BTT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BTT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.89 | NEUTRAL | The Stochastics value for BTT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.72 | LOW VOLATILITY | The low ATR as a percentage value for BTT suggests low volalility. |
| Average Directional Index/ADX (14) | 21.27 | NEUTRAL | The ADX value for BTT suggests a possible start of a new trend. |
BTT Chart- and CandleStick Pattern Analysis
BTT Technicals: Chart, Performance Metrics, Trend & Indicators
22.99
+0.15 (+0.66%)
BLACKROCK 2030 MUNI TRGT TRM / BTT TA FAQ
What is the ChartMill technical rating of BLACKROCK 2030 MUNI TRGT TRM (BTT) stock?
ChartMill assigns a technical rating of 6 / 10 to BTT.
What is the trend direction for BTT stock?
The current trend direction for BLACKROCK 2030 MUNI TRGT TRM (BTT) is Bullish.
What is the RSI signal for BTT stock?
BLACKROCK 2030 MUNI TRGT TRM (BTT) has an RSI value of 56.7538. This indicates that the stock is currently neutral.
What is the short term momentum for BTT stock?
The short term momentum for BLACKROCK 2030 MUNI TRGT TRM (BTT) is neutral.