Technical Analysis for BTT - BlackRock Municipal Target Term Trust Inc. (The)

Grade Last Price % Change Price Change
C 20.86 -0.14% -0.03
BTT closed down 0.14 percent on Wednesday, May 8, 2024, on 65 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
MACD Bullish Centerline Cross Bullish 0.00%
Upper Bollinger Band Walk Strength 0.00%
Inside Day Range Contraction 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Gapped Down Weakness 0.00%
Pocket Pivot Bullish Swing Setup -0.14%
Spinning Top Other -0.14%
Stochastic Reached Overbought Strength -0.14%

   Recent Intraday Alerts

Alert Time
Gap Down Closed about 3 hours ago
Reversed from Down about 3 hours ago
Possible Inside Day about 3 hours ago
60 Minute Opening Range Breakout about 6 hours ago
Gap Down Partially Closed about 7 hours ago

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

BlackRock Municipal Target Term Trust Inc. (The) Description

BlackRock Municipal Target Term Trust’s (BTT) (the 'Trust') investment objectives are to provide current income exempt from regular federal income tax (but which may be subject to the federal alternative minimum tax in certain circumstances) and to return $25.00 per common share (the initial offering price per share) to holders of common shares on or about December 31, 2030. The Trust seeks to achieve its investment objectives by investing at least 80% of its assets in municipal bonds exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax). The Trust invests at least 80% of its assets in municipal bonds that are investment grade quality at the time of investment. The Trust actively manages the maturity of its bonds to seek to have a dollar weighted average effective maturity approximately equal to the Trust’s maturity date. The Trust may invest directly in such securities or synthetically through the use of derivatives.


Classification

Sector: Financial Services
Industry: Asset Management
Keywords: Exchange Traded Fund ETF Bond Municipal Bond Blackrock Real Estate Mortgage Investment Conduit Alternative Minimum Tax Government Revenue Bond

Is BTT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 21.4963
52 Week Low 18.6478
Average Volume 135,989
200-Day Moving Average 20.31
50-Day Moving Average 20.74
20-Day Moving Average 20.55
10-Day Moving Average 20.63
Average True Range 0.14
RSI (14) 59.84
ADX 16.75
+DI 31.65
-DI 16.51
Chandelier Exit (Long, 3 ATRs) 20.51
Chandelier Exit (Short, 3 ATRs) 20.69
Upper Bollinger Bands 20.84
Lower Bollinger Band 20.26
Percent B (%b) 1.03
BandWidth 2.83
MACD Line 0.01
MACD Signal Line -0.04
MACD Histogram 0.055
Fundamentals Value
Market Cap 1.47 Billion
Num Shares 70.5 Million
EPS -0.02
Price-to-Earnings (P/E) Ratio -1043.00
Price-to-Sales 18.00
Price-to-Book 0.90
PEG Ratio 0.00
Dividend 0.70
Dividend Yield 3.36%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 21.05
Resistance 3 (R3) 21.05 20.99 21.02
Resistance 2 (R2) 20.99 20.94 20.99 21.01
Resistance 1 (R1) 20.93 20.91 20.96 20.92 21.00
Pivot Point 20.87 20.87 20.88 20.86 20.87
Support 1 (S1) 20.80 20.82 20.83 20.80 20.72
Support 2 (S2) 20.74 20.79 20.74 20.71
Support 3 (S3) 20.68 20.74 20.70
Support 4 (S4) 20.67