BLACKROCK MUNIVEST FUND II (MVT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MVT - US09253T1016
We assign a technical rating of 4 out of 10 to MVT. In the last year, MVT was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
MVT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. 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 10.71, a Stop Loss order could be placed below this zone.
More info and screens
9.70
We found 2 important support areas.
- A support zone ranging from 10.59 to 10.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.80 to 9.97. 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 10.79 to 10.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.53 to 11.71. 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 MVT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MVT is neutral. |
| ChartMill Relative Strength | 45.52 | NEUTRAL | MVT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MVT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MVT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MVT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.81 | NEUTRAL | The RSI value for MVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MVT has a positive trend. |
| Stochastics (14,3) | 41.4 | NEUTRAL | The Stochastics value for MVT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.06 | LOW VOLATILITY | The low ATR as a percentage value for MVT suggests low volalility. |
| Average Directional Index/ADX (14) | 12.71 | NEGATIVE | The low ADX value for MVT suggests a weak or negative trend. |
10.75
+0.2 (+1.9%)
BLACKROCK MUNIVEST FUND II / MVT FAQ
What is the ChartMill technical rating of BLACKROCK MUNIVEST FUND II (MVT) stock?
ChartMill assigns a technical rating of 4 / 10 to MVT.
Can you provide the trend direction for BLACKROCK MUNIVEST FUND II?
The current trend direction for BLACKROCK MUNIVEST FUND II (MVT) is Bearish.
What is the RSI signal for BLACKROCK MUNIVEST FUND II (MVT) stock?
BLACKROCK MUNIVEST FUND II (MVT) has an RSI value of 53.8105. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BLACKROCK MUNIVEST FUND II?
The short term momentum for BLACKROCK MUNIVEST FUND II (MVT) is neutral.
What are the support and resistance levels for BLACKROCK MUNIVEST FUND II (MVT) stock?
BLACKROCK MUNIVEST FUND II (MVT) has a support level at 10.71 and a resistance level at 10.79. Check the full technical report for our detailed analysis of MVT support and resistance levels.