BLCKRCK UTIL INFRA & PWR OPP (BUI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BUI - US09248D1046
Taking everything into account, BUI scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, BUI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although BUI has an excellent technical rating, it does not offer a high 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.
More info and screens
21.71
2 important support areas can be observed.
- A support zone ranging from 25.57 to 26.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.93 to 22.03. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 27.31 to 27.37. 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 | UP | POSITIVE | The long term trend for BUI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BUI is neutral. |
| ChartMill Relative Strength | 75.45 | POSITIVE | BUI has a high relative strength, it outperformed 75.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BUI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BUI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BUI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.05 | NEUTRAL | The RSI value for BUI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests BUI has a positive trend. |
| Stochastics (14,3) | 61.29 | NEUTRAL | The Stochastics value for BUI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.52 | LOW VOLATILITY | The low ATR as a percentage value for BUI suggests low volalility. |
| Average Directional Index/ADX (14) | 13.13 | NEGATIVE | The low ADX value for BUI suggests a weak or negative trend. |
26.91
+0.5 (+1.89%)
BLCKRCK UTIL INFRA & PWR OPP / BUI FAQ
Can you provide the ChartMill technical rating for BLCKRCK UTIL INFRA & PWR OPP?
ChartMill assigns a technical rating of 8 / 10 to BUI.
Can you provide the trend direction for BLCKRCK UTIL INFRA & PWR OPP?
The current trend direction for BLCKRCK UTIL INFRA & PWR OPP (BUI) is Bullish.
What is the RSI signal for BUI stock?
BLCKRCK UTIL INFRA & PWR OPP (BUI) has an RSI value of 64.0516. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BLCKRCK UTIL INFRA & PWR OPP?
The short term momentum for BLCKRCK UTIL INFRA & PWR OPP (BUI) is neutral.
What is the support and resistance level for BUI stock?
BLCKRCK UTIL INFRA & PWR OPP (BUI) has a support level at 26.69 and a resistance level at 27.31. Check the full technical report for our detailed analysis of BUI support and resistance levels.