Technical Analysis for BIT - BlackRock Multi-Sector Income Trust

Grade Last Price % Change Price Change
grade B 15.57 0.39% 0.06
BIT closed up 0.39 percent on Friday, August 7, 2020, on 66 percent of normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical BIT trend table...

Date Alert Name Type % Chg
New Uptrend Bullish 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB 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%
Pocket Pivot Bullish Swing Setup 0.39%
Upper Bollinger Band Walk Strength 0.39%

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 Multi-Sector Income Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust's investment objective is to provide current income, current gains and capital appreciation. The Trust has investments in various sectors, such as oil, gas and consumable fuels; real estate investment trusts; auto components; automobiles; banks; aerospace and defense; air freight and logistics; beverages; airlines; biotechnology; building products; capital markets; chemicals; containers and packaging; communications equipment; diversified telecommunication services; electric utilities; food and staples retailing; food products; healthcare equipment and supplies; electronic equipment, instruments and components; industrial conglomerates; insurance; Internet software and services; it services; household durables; media; household products; independent power and renewable electricity producers, and metals and mining. Its investment manager is BlackRock Advisors, LLC.
Exchange Traded Fund ETF Corporate Finance Biotechnology Mining Food Oil Aerospace Chemicals Blackrock Real Estate Investment Trusts Food Products Investment Trust Electric Utilities Income Trust Communications Equipment Telecommunication Services Household Products Taxation In Canada Electronic Equipment Internet Software Healthcare Equipment Thomson Reuters Business Classification Indice De Precios Y Cotizaciones Renewable Electricity Producers

Is BIT 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 17.38
52 Week Low 8.41
Average Volume 130,805
200-Day Moving Average 15.07
50-Day Moving Average 14.73
20-Day Moving Average 15.11
10-Day Moving Average 15.26
Average True Range 0.15
ADX 26.39
+DI 35.72
-DI 10.85
Chandelier Exit (Long, 3 ATRs ) 15.14
Chandelier Exit (Short, 3 ATRs ) 15.10
Upper Bollinger Band 15.51
Lower Bollinger Band 14.71
Percent B (%b) 1.07
BandWidth 5.32
MACD Line 0.23
MACD Signal Line 0.21
MACD Histogram 0.0227
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 15.78
Resistance 3 (R3) 15.77 15.68 15.75
Resistance 2 (R2) 15.68 15.63 15.69 15.73
Resistance 1 (R1) 15.63 15.60 15.66 15.64 15.72
Pivot Point 15.54 15.54 15.56 15.55 15.54
Support 1 (S1) 15.49 15.49 15.51 15.50 15.42
Support 2 (S2) 15.40 15.46 15.41 15.41
Support 3 (S3) 15.35 15.40 15.39
Support 4 (S4) 15.36