BLACKROCK MUNI INC QLTY (BYM) Stock Technical Analysis
NYSE:BYM • US0924791041
Overall BYM gets a technical rating of 4 out of 10. BYM has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, BYM is a bad performer in the overall market: 68% of all stocks are doing better.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- BYM 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 BYM is lagging the market slightly.
- In the last month BYM has a been trading in a tight range between 10.88 and 11.19.
Although the technical rating is only medium, BYM does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 11.05, a Stop Loss order could be placed below this zone.
More info and screens
10.22
2 important support areas can be observed.
- A support zone ranging from 10.87 to 11.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.32 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 11.08 to 11.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.36 from a horizontal line in the weekly time frame.
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 | 32.88 | NEUTRAL | BYM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BYM is above 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) | UP | POSITIVE | The current price of BYM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.59 | NEUTRAL | The RSI value for BYM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BYM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for BYM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.92 | LOW VOLATILITY | The low ATR as a percentage value for BYM suggests low volalility. |
| Average Directional Index/ADX (14) | 17.86 | NEGATIVE | The low ADX value for BYM suggests a weak or negative trend. |
NYSE:BYM (2/6/2026, 8:20:56 PM)
11.05
-0.06 (-0.54%)
BLACKROCK MUNI INC QLTY / BYM FAQ
What is the technical rating for BYM stock?
ChartMill assigns a technical rating of 4 / 10 to BYM.
What is the trend direction for 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 52.5852. This indicates that the stock is currently neutral.
What is the MACD signal for BYM stock?
The MACD indicator for BLACKROCK MUNI INC QLTY (BYM) has a value of 0.00230282, indicating a bearish trend.