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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BYM is a bad performer in the overall market: 74% of all stocks are doing better.
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 10.67.
Although the technical rating is bad, BYM does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 10.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.50, a Stop Loss order could be placed below this zone.
More info and screens
10.07
11.53
We found 2 important support areas.
- A support zone ranging from 10.34 to 10.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.17 to 10.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 10.46 to 10.72. 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 11.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 11.24 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 | NEUTRAL | NEUTRAL | The short term trend for BYM is neutral. |
| ChartMill Relative Strength | 26.55 | NEGATIVE | BYM has a low relative strength, it was outperformed by 73.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BYM is above 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) | 53.09 | NEUTRAL | The RSI value for BYM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BYM has a positive trend. |
| Stochastics (14,3) | 70.6 | NEUTRAL | The Stochastics value for BYM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.05 | LOW VOLATILITY | The low ATR as a percentage value for BYM suggests low volalility. |
| Average Directional Index/ADX (14) | 10.37 | 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 (6/13/2025, 11:48:44 AM)
10.45
-0.01 (-0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.1%
1 Week1.45%
2 Weeks0.48%
1 Month-0.47%
3 Month-2.59%
6 Month-7.88%
12 Month-8.84%
2 Year-6.49%
3 Year-15.09%
5 Year-23.21%
10 Year-22.53%
15 Year-28.24%
Volatility
ATR(14)0.11
ATR(20)%1.05%
ATR Inc-2.11%
Range Today0.1
ADR(20)0.11
ADR(20)%1.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.55
Mansfield-1.15
10 Day High10.56
10 Day Low10.35
20 Day High10.67
20 Day Low10.3
52 Week High12.38
52 Week Low10.06
CS1 End10.5
CR1 Start10.6
Volume & EV
DER(3)-3.97%
DER(5)-1.75%
Volume13.39K
Volume Incr-5.9%
Vol(5)76.62K
Vol(50)100.50K