BLACKROCK MUNI INC QLTY (BYM) Stock Technical Analysis
NYSE:BYM - New York Stock Exchange, Inc. - US0924791041 - Currency: USD
Overall BYM gets a technical rating of 1 out of 10. BYM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
BYM is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
When compared to the yearly performance of all other stocks, BYM outperforms 43% of them, which is more or less in line with the market.
In the last month BYM has a been trading in the 10.06 - 11.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BYM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.79. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.51, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BYM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
10.07
12.31
We found 2 important support areas.
- A support zone ranging from 10.34 to 10.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.17 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 10.79 to 10.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.24 to 11.33. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @11.57 from a horizontal line in the daily time frame.
- A resistance zone ranging from 12.11 to 12.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.16
Mansfield-0.48
10 Day High10.6
10 Day Low10.06
20 Day High11.3
20 Day Low10.06
52 Week High12.38
52 Week Low10.06
Performance
1 Week2.91%
2 Weeks1.34%
1 Month-2.39%
3 Month-5.36%
6 Month-6.94%
12 Month-4.16%
2 Year-7.99%
3 Year-13.26%
5 Year-18.46%
10 Year-26.64%
15 Year-25.14%
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)50.86
LBB10.2
UBB10.63
10.6
+0.14 (+1.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.34%
1 Week2.91%
2 Weeks1.34%
1 Month-2.39%
3 Month-5.36%
6 Month-6.94%
12 Month-4.16%
2 Year-7.99%
3 Year-13.26%
5 Year-18.46%
10 Year-26.64%
15 Year-25.14%
Volatility
ATR(14)0.2
ATR(20)%2.36%
ATR Inc-52.37%
Range Today0.18
ADR(20)0.24
ADR(20)%2.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.16
Mansfield-0.48
10 Day High10.6
10 Day Low10.06
20 Day High11.3
20 Day Low10.06
52 Week High12.38
52 Week Low10.06
CS1 End10.51
CR1 Start10.79
Volume & EV
DER(3)9.27%
DER(5)8.47%
Volume92.80K
Volume Incr-38.75%
Vol(5)84.18K
Vol(50)124.14K