BLACKROCK MUNI INC QLTY (BYM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BYM - US0924791041
Overall BYM gets a technical rating of 5 out of 10. Although BYM is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, BYM is a bad performer in the overall market: 67% of all stocks are doing better.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- BYM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BYM is lagging the market.
- In the last month BYM has a been trading in a tight range between 10.78 and 11.14.
Although the technical rating is only medium, BYM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 10.96, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.87 to 10.96. 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.
We can see 2 important resistance areas.
- A resistance zone ranging from 11.01 to 11.12. 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 | 33.5 | 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) | 50.83 | 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. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for BYM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.88 | LOW VOLATILITY | The low ATR as a percentage value for BYM suggests low volalility. |
| Average Directional Index/ADX (14) | 16.03 | NEGATIVE | The low ADX value for BYM suggests a weak or negative trend. |
NYSE:BYM (1/23/2026, 8:04:00 PM)
10.97
+0.07 (+0.64%)
BLACKROCK MUNI INC QLTY / BYM FAQ
What is the technical rating for BYM stock?
ChartMill assigns a technical rating of 5 / 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 50.8347. 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 -0.00629132, indicating a bearish trend.