Technical Analysis for BTZ - BlackRock Credit Allocation Income Trust

Grade Last Price % Change Price Change
C 10.50 0.38% 0.04
BTZ closed up 0.38 percent on Tuesday, May 7, 2024, on 1.11 times normal volume. It was able to find support at its 50 day moving average. 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.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
50 DMA Support Bullish 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Crossed Above 50 DMA Bullish 0.38%
Overbought Stochastic Strength 0.38%

   Recent Intraday Alerts

Alert Time
50 DMA Support about 13 hours ago
Fell Below 50 DMA about 13 hours ago
Gap Up Closed about 15 hours ago
60 Minute Opening Range Breakdown about 15 hours ago
Upper Bollinger Band Resistance about 15 hours ago

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Profile

BlackRock Credit Allocation Income Trust Description

BlackRock Credit Allocation Income Trust IV is a closed end balanced mutual fund launched by BlackRock, Inc. The fund is co managed by BlackRock Advisors, LLC, BlackRock Financial Management, Inc., and BlackRock Investment Management, LLC. It invests in the public equity and fixed income markets across the globe. The fund invests in the stocks of companies operating across diversified sectors. For the fixed income portion of the portfolio, it primarily invests in securities with an average credit quality of BBB by Standard & Poor's Corporation. The fund invests in investment grade corporate bonds, high yield bonds, bank loans, preferred securities or convertible bonds or derivatives. It was formerly known as BlackRock Preferred & Equity Advantage Trust. BlackRock Credit Allocation Income Trust IV was formed on December 27, 2006 and is domiciled in the United States.


Classification

Sector: Financial Services
Industry: Asset Management
Keywords: Exchange Traded Fund ETF Exchange Traded Funds Blackrock Income Trust Financial Management Convertible Bond Bank Loans

Is BTZ 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 10.877
52 Week Low 8.6704
Average Volume 259,250
200-Day Moving Average 9.85
50-Day Moving Average 10.44
20-Day Moving Average 10.19
10-Day Moving Average 10.24
Average True Range 0.11
RSI (14) 62.69
ADX 24.68
+DI 35.31
-DI 19.60
Chandelier Exit (Long, 3 ATRs) 10.26
Chandelier Exit (Short, 3 ATRs) 10.24
Upper Bollinger Bands 10.46
Lower Bollinger Band 9.92
Percent B (%b) 1.07
BandWidth 5.30
MACD Line -0.01
MACD Signal Line -0.07
MACD Histogram 0.0568
Fundamentals Value
Market Cap 981.82 Million
Num Shares 93.5 Million
EPS 0.58
Price-to-Earnings (P/E) Ratio 18.10
Price-to-Sales 10.95
Price-to-Book 0.97
PEG Ratio 0.00
Dividend 1.01
Dividend Yield 9.62%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.70
Resistance 3 (R3) 10.69 10.63 10.66
Resistance 2 (R2) 10.63 10.58 10.63 10.65
Resistance 1 (R1) 10.56 10.55 10.53 10.57 10.64
Pivot Point 10.50 10.50 10.48 10.50 10.50
Support 1 (S1) 10.43 10.45 10.40 10.44 10.36
Support 2 (S2) 10.37 10.42 10.37 10.35
Support 3 (S3) 10.30 10.37 10.34
Support 4 (S4) 10.31