Technical Analysis for BGT - BlackRock Floating Rate Income Trust

Grade Last Price % Change Price Change
grade D 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.

Trend Table & Recent Signals
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%

Older signals for BGT ...

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Profile
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.
Is BGT a Buy, Sell or Hold?
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.
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