BLACKROCK TECH & PRIV EQTY (BTX) Stock Technical Analysis
NYSE:BTX • US09260Q1085
Overall BTX gets a technical rating of 1 out of 10. BTX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, BTX is a bad performer in the overall market: 100% of all stocks are doing better.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- BTX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BTX is lagging the market.
- In the last month BTX has a been trading in the 6.22 - 7.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BTX has a poor technical rating and the quality of the setup is also not perfect 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
6.14
When analyzing the support we can see 2 important areas.
- A support zone ranging from 6.31 to 6.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.20 to 6.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 6.68 to 6.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.15 to 7.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for BTX is neutral. |
| 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). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BTX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.05 | NEUTRAL | The RSI value for BTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BTX has a negative trend. |
| Stochastics (14,3) | 60.1 | NEUTRAL | The Stochastics value for BTX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for BTX suggests some volalility. |
| Average Directional Index/ADX (14) | 13.8 | NEGATIVE | The low ADX value for BTX suggests a weak or negative trend. |
6.49
-0.15 (-2.26%)
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 1 / 10 to BTX.
Can you provide the trend direction for BLACKROCK TECH & PRIV EQTY?
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 43.0495. This indicates that the stock is currently neutral.
What is the MACD signal for BLACKROCK TECH & PRIV EQTY (BTX) stock?
The MACD indicator for BLACKROCK TECH & PRIV EQTY (BTX) has a value of -0.00984826, indicating a bearish trend.
What are the support and resistance levels for BLACKROCK TECH & PRIV EQTY (BTX) stock?
BLACKROCK TECH & PRIV EQTY (BTX) has a support level at 6.35 and a resistance level at 6.68. Check the full technical report for our detailed analysis of BTX support and resistance levels.