Technical Analysis for BGT - BlackRock Floating Rate Income Trust
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
 |
12.2 | -0.33% | -0.04 |
BGT closed down 0.33 percent on Tuesday, December 11, 2018, on 1.17 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
| ADX | Long-Term | Intermediate-Term | Short-Term |
|---|---|---|---|
| Strong | Down | Down | Down |
| See historical BGT trend table... | |||
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Dec 11 | New 52 Week Closing Low | Bearish | 0.00% |
| Dec 11 | New 52 Week Low | Weakness | 0.00% |
| Dec 11 | Oversold Stochastic | Weakness | 0.00% |
| Dec 10 | Pocket Pivot | Bullish Swing Setup | -0.33% |
| Dec 10 | Stochastic Reached Oversold | Weakness | -0.33% |
| Dec 10 | Inside Day | Range Contraction | -0.33% |
| Dec 10 | Oversold Stochastic | Weakness | -0.33% |
| Dec 7 | New 52 Week Closing Low | Bearish | -0.25% |
| Dec 7 | New 52 Week Low | Weakness | -0.25% |
| Dec 6 | Oversold Stochastic | Weakness | -0.73% |
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BlackRock Floating Rate Income Trust is a close ended fixed income mutual fund launched by BlackRoack Inc. The fund is managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc. It invests in the fixed income markets across the globe while focusing on the United States. The fund invests in bonds of companies operating across diversified sectors. It invests in corporate bonds with average effective duration of its portfolio will be no more than 1.5 years. The fund was formerly known as BlackRock Global Floating Rate Income Trust. BlackRock Floating Rate Income Trust was formed on August 30, 2004 and is domiciled in the United States.
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength | |||
| Summary: | Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies. | ||
See more BGT news...
Indicators
| Indicator | Value |
|---|---|
| 52 Week High | 14.22 |
| 52 Week Low | 12.13 |
| Average Volume | 86,083 |
| 200-Day Moving Average | 13.2527 |
| 50-Day Moving Average | 12.7198 |
| 20-Day Moving Average | 12.446 |
| 10-Day Moving Average | 12.288 |
| Average True Range | 0.1244 |
| ADX | 46.33 |
| +DI | 8.7421 |
| -DI | 28.9259 |
| Chandelier Exit (Long, 3 ATRs ) | 12.4768 |
| Chandelier Exit (Short, 3 ATRs ) | 12.5032 |
| Upper Bollinger Band | 12.8363 |
| Lower Bollinger Band | 12.0557 |
| Percent B (%b) | 0.18 |
| BandWidth | 6.271895 |
| MACD Line | -0.1475 |
| MACD Signal Line | -0.1405 |
| MACD Histogram | -0.007 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 12.41 | ||||
| Resistance 3 (R3) | 12.41 | 12.34 | 12.38 | ||
| Resistance 2 (R2) | 12.34 | 12.29 | 12.34 | 12.36 | |
| Resistance 1 (R1) | 12.27 | 12.25 | 12.24 | 12.27 | 12.35 |
| Pivot Point | 12.20 | 12.20 | 12.18 | 12.20 | 12.20 |
| Support 1 (S1) | 12.13 | 12.15 | 12.10 | 12.13 | 12.05 |
| Support 2 (S2) | 12.06 | 12.11 | 12.06 | 12.04 | |
| Support 3 (S3) | 11.99 | 12.06 | 12.03 | ||
| Support 4 (S4) | 11.99 |
