BLACKROCK TECH & PRIV EQTY (BTX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BTX - US09260Q1085
Taking everything into account, BTX scores 0 out of 10 in our technical rating. BTX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of BTX is bad and it also does not present a quality setup 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.
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6.26
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 6.77 to 6.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.93 to 7.20. 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 | NEUTRAL | NEUTRAL | The long term trend for BTX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BTX is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | BTX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTX is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 33.4 | NEUTRAL | The RSI value for BTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests BTX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.59 | OVERSOLD | The low Stochastics value suggests BTX may be oversold. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for BTX suggests some volalility. |
| Average Directional Index/ADX (14) | 31.31 | POSITIVE | The high ADX value value for BTX suggests a strong trend. |
6.32
+0.11 (+1.77%)
BLACKROCK TECH & PRIV EQTY / BTX FAQ
What is the ChartMill technical rating of BLACKROCK TECH & PRIV EQTY (BTX) stock?
ChartMill assigns a technical rating of 0 / 10 to BTX.
What is the current trend direction of BLACKROCK TECH & PRIV EQTY (BTX) stock?
The current trend direction for BLACKROCK TECH & PRIV EQTY (BTX) is Bearish.
What is the RSI signal for BTX stock?
BLACKROCK TECH & PRIV EQTY (BTX) has an RSI value of 33.3968. This indicates that the stock is currently neutral.
What is the short term momentum for BLACKROCK TECH & PRIV EQTY (BTX) stock?
The short term momentum for BLACKROCK TECH & PRIV EQTY (BTX) is negative.
What is the support and resistance level for BTX stock?
BLACKROCK TECH & PRIV EQTY (BTX) has a resistance level at 6.77. Check the full technical report for our detailed analysis of BTX support and resistance levels.