Technical Analysis for BIT - BlackRock Multi-Sector Income Trust

Grade Last Price % Change Price Change
grade A 17.28 -0.52% -0.09
BIT closed down 0.52 percent on Monday, June 24, 2019, on 1.71 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical BIT trend table...

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 0.00%
Upper Bollinger Band Walk Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Pocket Pivot Bullish Swing Setup -0.52%
Overbought Stochastic Strength -0.52%
Up 3 Days in a Row Strength -0.52%
Up 4 Days in a Row Strength -0.52%
Upper Bollinger Band Touch Strength -0.52%
Pocket Pivot Bullish Swing Setup 0.12%

Older signals for BIT ...

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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.
Biotechnology Corporate Finance Mining Food Oil Aerospace Chemicals Blackrock Real Estate Investment Trusts Electric Utilities Food Products Income Trust Investment Trust Communications Equipment Household Products Telecommunication Services Electronic Equipment Taxation In Canada 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
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 17.75
52 Week Low 14.79
Average Volume 118,726
200-Day Moving Average 16.5708
50-Day Moving Average 16.8967
20-Day Moving Average 16.9783
10-Day Moving Average 17.158
Average True Range 0.1556
ADX 15.06
+DI 27.9796
-DI 13.7739
Chandelier Exit (Long, 3 ATRs ) 16.9832
Chandelier Exit (Short, 3 ATRs ) 16.9868
Upper Bollinger Band 17.4369
Lower Bollinger Band 16.5197
Percent B (%b) 0.83
BandWidth 5.40219
MACD Line 0.1136
MACD Signal Line 0.0761
MACD Histogram 0.0375
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 17.57
Resistance 3 (R3) 17.59 17.52 17.52
Resistance 2 (R2) 17.52 17.45 17.51 17.50
Resistance 1 (R1) 17.40 17.40 17.37 17.38 17.49
Pivot Point 17.33 17.33 17.31 17.32 17.33
Support 1 (S1) 17.21 17.26 17.18 17.19 17.07
Support 2 (S2) 17.14 17.21 17.13 17.06
Support 3 (S3) 17.02 17.14 17.04
Support 4 (S4) 17.00