BLACKROCK MUNI INC QLTY (BYM) Stock Technical Analysis
USA - NYSE:BYM - US0924791041
Taking everything into account, BYM scores 6 out of 10 in our technical rating. Although BYM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
BYM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 11.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.99, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
9.99
2 important support areas can be observed.
- A support zone ranging from 10.76 to 10.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.09 to 10.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 11.00 to 11.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 11.36 to 11.42. 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 BYM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BYM is neutral. |
| ChartMill Relative Strength | 41.42 | NEUTRAL | BYM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BYM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BYM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BYM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.64 | NEUTRAL | The RSI value for BYM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BYM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.33 | NEUTRAL | The Stochastics value for BYM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.79 | LOW VOLATILITY | The low ATR as a percentage value for BYM suggests low volalility. |
| Average Directional Index/ADX (14) | 20.6 | NEUTRAL | The ADX value for BYM suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.02 | 10.88 | 0.14 (1.27%) | 25.00% |
| An entry @11.02. This is a Buy Stop order right above the resistance zone. | An exit @10.88. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.14 points, which is 1.27%. | For a 0.32% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:BYM (11/7/2025, 8:04:00 PM)
11
+0.02 (+0.18%)
BLACKROCK MUNI INC QLTY / BYM FAQ
What is the technical rating for BYM stock?
ChartMill assigns a technical rating of 6 / 10 to BYM.
What is the current trend direction of BLACKROCK MUNI INC QLTY (BYM) stock?
The current trend direction for BLACKROCK MUNI INC QLTY (BYM) is Bullish.
Can you provide the RSI signal for BLACKROCK MUNI INC QLTY?
BLACKROCK MUNI INC QLTY (BYM) has an RSI value of 52.6356. This indicates that the stock is currently neutral.
What is the short term momentum for BYM stock?
The short term momentum for BLACKROCK MUNI INC QLTY (BYM) is neutral.
What is the support and resistance level for BYM stock?
BLACKROCK MUNI INC QLTY (BYM) has a support level at 10.99 and a resistance level at 11. Check the full technical report for our detailed analysis of BYM support and resistance levels.