Blackrock Maryland Muni Trust (BZM) Technical Analysis
NYSEARCA:BZM
Current stock price
BZM Technical Rating and Analysis
Overall BZM gets a technical rating of 2 out of 10. BZM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, BZM is a bad performer in the overall market: 87% of all stocks are doing better.
- Warning: BZM has an average volume of 3959 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- BZM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BZM is lagging the market.
- In the last month BZM has a been trading in the 14.24 - 16.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
BZM Weekly and Daily overview Charts
BZM Setup Rating and Analysis
BZM 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 support zone below the current price at 14.67, 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
BZM Support and Resistance Analysis
14.12
When analyzing the support we notice one important area.
- A support zone ranging from 14.26 to 14.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 15.09 to 15.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.58 from a trend line in the weekly time frame.
- A resistance zone ranging from 16.05 to 16.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 16.95 to 17.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
BZM Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for BZM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BZM is neutral. |
| ChartMill Relative Strength | 13.38 | NEGATIVE | BZM has a low relative strength, it was outperformed by 86.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BZM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BZM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BZM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.53 | NEUTRAL | The RSI value for BZM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BZM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 38.05 | NEUTRAL | The Stochastics value for BZM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for BZM suggests some volalility. |
BZM Chart- and CandleStick Pattern Analysis
BZM Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:BZM (4/16/2021, 9:55:13 PM)
15
-0.35 (-2.25%)
Blackrock Maryland Muni Trust / BZM TA FAQ
Can you provide the ChartMill technical rating for Blackrock Maryland Muni Trust?
ChartMill assigns a technical rating of 2 / 10 to BZM.
Can you provide the trend direction for Blackrock Maryland Muni Trust?
The current trend direction for Blackrock Maryland Muni Trust (BZM) is Bearish.
What is the RSI signal for BZM stock?
Blackrock Maryland Muni Trust (BZM) has an RSI value of 47.5283. This indicates that the stock is currently neutral.
What is the MACD signal for Blackrock Maryland Muni Trust (BZM) stock?
The MACD indicator for Blackrock Maryland Muni Trust (BZM) has a value of 0.0190887, indicating a bearish trend.
What is the short term momentum for BZM stock?
The short term momentum for Blackrock Maryland Muni Trust (BZM) is neutral.