BLACKROCK MUNI INC QLTY (BYM) Stock Technical Analysis
NYSE:BYM - New York Stock Exchange, Inc. - US0924791041 - Currency: USD
Taking everything into account, BYM scores 0 out of 10 in our technical rating. BYM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
67% of all other stocks performed better in the past year than BYM.
BYM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BYM is lagging the market.
In the last month BYM has a been trading in a tight range between 10.30 and 10.74.
The technical rating of BYM 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.
More info and screens
10.07
11.53
We found 2 important support areas.
- Support @10.34 from a horizontal line in the weekly time frame.
- Support @10.17 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 10.43 to 10.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.00 to 11.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 11.32 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 | DOWN | NEGATIVE | The long term trend for BYM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BYM is down. |
| ChartMill Relative Strength | 33.77 | NEUTRAL | BYM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BYM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BYM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BYM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.25 | NEUTRAL | The RSI value for BYM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BYM has a negative trend. |
| Stochastics (14,3) | 11.38 | OVERSOLD | The low Stochastics value suggests BYM may be oversold. |
| Average True Range in percent/ATR (20) | 1.01 | LOW VOLATILITY | The low ATR as a percentage value for BYM suggests low volalility. |
| Average Directional Index/ADX (14) | 14.15 | NEGATIVE | The low ADX value for BYM suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSE:BYM (5/23/2025, 8:04:00 PM)
10.38
+0.02 (+0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.19%
1 Week-1.7%
2 Weeks-2.99%
1 Month-1.24%
3 Month-7.73%
6 Month-9.03%
12 Month-6.74%
2 Year-4.33%
3 Year-18.27%
5 Year-23.62%
10 Year-25.22%
15 Year-28.27%
Volatility
ATR(14)0.1
ATR(20)%1.01%
ATR Inc-38.97%
Range Today0.05
ADR(20)0.1
ADR(20)%1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.77
Mansfield-0.99
10 Day High10.7
10 Day Low10.3
20 Day High10.74
20 Day Low10.3
52 Week High12.38
52 Week Low10.06
CS1 End10.34
CR1 Start10.43
Volume & EV
DER(3)-4.12%
DER(5)-4.28%
Volume61.30K
Volume Incr-0.94%
Vol(5)82.52K
Vol(50)113.28K