BLACKROCK DEBT STRATEGIES (DSU) Stock Technical Analysis
NYSE:DSU - New York Stock Exchange, Inc. - US09255R2022 - Currency: USD
Taking everything into account, DSU scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. DSU was also a bad performer in the overall market in the last year.
DSU has a bad technical rating, but it does show a decent setup pattern. 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 10.60, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
9.68
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.38 to 10.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.78 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 10.79 to 10.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 11.11 to 11.37. 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 | NEUTRAL | NEUTRAL | The long term trend for DSU is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DSU is neutral. |
| ChartMill Relative Strength | 37.91 | NEUTRAL | DSU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DSU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DSU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DSU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.02 | NEUTRAL | The RSI value for DSU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests DSU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 74.69 | NEUTRAL | The Stochastics value for DSU is a neutral value. |
| Average True Range in percent/ATR (20) | 0.83 | LOW VOLATILITY | The low ATR as a percentage value for DSU suggests low volalility. |
| Average Directional Index/ADX (14) | 22.84 | NEUTRAL | The ADX value for DSU suggests a possible start of a new trend. |
10.61
+0.04 (+0.38%)