BLACKROCK CREDIT ALLOCATION (BTZ) Stock Technical Analysis
NYSE:BTZ • US0925081004
Overall BTZ gets a technical rating of 1 out of 10. BTZ'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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, BTZ is a bad performer in the overall market: 69% of all stocks are doing better.
- BTZ 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 BTZ is lagging the market slightly.
- In the last month BTZ has a been trading in a tight range between 10.56 and 10.81.
Although the technical rating is bad, BTZ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.68, 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
9.75
When analyzing the support we can see 3 important areas.
- A support zone ranging from 10.63 to 10.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.44 from a horizontal line in the daily time frame.
- A support zone ranging from 9.85 to 10.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 10.73 to 10.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.98 to 10.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.18 to 11.18. 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 | DOWN | NEGATIVE | The long term trend for BTZ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BTZ is neutral. |
| ChartMill Relative Strength | 31.73 | NEUTRAL | BTZ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BTZ is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.16 | NEUTRAL | The RSI value for BTZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BTZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.62 | NEUTRAL | The Stochastics value for BTZ is a neutral value. |
| Average True Range in percent/ATR (20) | 0.5 | LOW VOLATILITY | The low ATR as a percentage value for BTZ suggests low volalility. |
| Average Directional Index/ADX (14) | 15.26 | NEGATIVE | The low ADX value for BTZ suggests a weak or negative trend. |
NYSE:BTZ (2/20/2026, 10:26:42 AM)
10.7208
+0.02 (+0.19%)
BLACKROCK CREDIT ALLOCATION / BTZ FAQ
Can you provide the ChartMill technical rating for BLACKROCK CREDIT ALLOCATION?
ChartMill assigns a technical rating of 1 / 10 to BTZ.
What is the current trend direction of BLACKROCK CREDIT ALLOCATION (BTZ) stock?
The current trend direction for BLACKROCK CREDIT ALLOCATION (BTZ) is Bearish.
Can you provide the RSI signal for BLACKROCK CREDIT ALLOCATION?
BLACKROCK CREDIT ALLOCATION (BTZ) has an RSI value of 48.1644. This indicates that the stock is currently neutral.
What is the short term momentum for BLACKROCK CREDIT ALLOCATION (BTZ) stock?
The short term momentum for BLACKROCK CREDIT ALLOCATION (BTZ) is neutral.
What is the support and resistance level for BTZ stock?
BLACKROCK CREDIT ALLOCATION (BTZ) has a support level at 10.68 and a resistance level at 10.73. Check the full technical report for our detailed analysis of BTZ support and resistance levels.