BLACKROCK MUNIVEST FUND II (MVT) Stock Technical Analysis
NYSE:MVT - US09253T1016
10.23 USD
+0.13 (+1.29%)
10.17 USD
-0.06 (-0.59%)
Overall MVT gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. MVT was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, MVT is a bad performer in the overall market: 79% of all stocks are doing better.
MVT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MVT has a been trading in a tight range between 9.92 and 10.32.
Volume is considerably higher in the last couple of days.
MVT has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.70
11.83
We found 2 important support areas.
- A support zone ranging from 10.13 to 10.17. 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 4 important resistance areas.
- A resistance zone ranging from 10.39 to 10.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.71 from a horizontal line in the daily time frame.
- Resistance @11.14 from a horizontal line in the daily time frame.
- 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 | DOWN | NEGATIVE | The long term trend for MVT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MVT is neutral. |
| ChartMill Relative Strength | 21.97 | NEGATIVE | MVT has a low relative strength, it was outperformed by 78.03% off all stocks 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) | UP | POSITIVE | The current price of MVT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MVT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.15 | 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) | 32.24 | NEUTRAL | The Stochastics value for MVT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.98 | LOW VOLATILITY | The low ATR as a percentage value for MVT suggests low volalility. |
| Average Directional Index/ADX (14) | 22.74 | NEUTRAL | The ADX value for MVT suggests a possible start of a new trend. |
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)
10.23
+0.13 (+1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.29%
1 Week0.79%
2 Weeks0.39%
1 Month2.61%
3 Month1.19%
6 Month-6.15%
12 Month-8.97%
2 Year0.69%
3 Year-9.87%
5 Year-27.08%
10 Year-31.85%
15 Year-35.09%
Volatility
ATR(14)0.1
ATR(20)%0.98%
ATR Inc136.49%
Range Today0.35
ADR(20)0.1
ADR(20)%0.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.97
Mansfield-1.26
10 Day High10.32
10 Day Low9.96
20 Day High10.32
20 Day Low9.92
52 Week High11.97
52 Week Low9.71
CS1 End10.17
CR1 Start10.39
Volume & EV
DER(3)3.32%
DER(5)4.32%
Volume247.40K
Volume Incr207.72%
Vol(5)94.44K
Vol(50)48.83K