Technical Analysis for BLE - BlackRock Municipal Income Trust II

Grade Last Price % Change Price Change
grade C 14.04 -1.01% -0.14
BLE closed down 1.01 percent on Monday, April 22, 2019, on 89 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

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

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
Expansion Pivot Sell Setup Bearish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Wide Range Bar Range Expansion 0.00%
Stochastic Reached Oversold Weakness 0.00%
BB Squeeze Ended Range Expansion 0.00%
Outside Day Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%

Older signals for BLE ...

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Profile
BlackRock Municipal Income Trust II is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It primarily invests long-term and short-term investments, and money market funds. The fund seeks to invest in hospitals, industrial and pollution control, lease, transportation, tax, housing, water and sewer, tobacco, power, and education sectors. BlackRock Municipal Income Trust II was formed in 2002 and is domiciled in United States.
Mutual Fund Transportation Companies Listed On The New York Stock Exchange Blackrock Income Trust Pollution Control Money Market Fund
Is BLE a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 0 bearish and 4 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 14.55
52 Week Low 12.34
Average Volume 47,263
200-Day Moving Average 13.4609
50-Day Moving Average 14.1074
20-Day Moving Average 14.1937
10-Day Moving Average 14.2064
Average True Range 0.0932
ADX 15.5
+DI 11.8703
-DI 24.9981
Chandelier Exit (Long, 3 ATRs ) 14.0204
Chandelier Exit (Short, 3 ATRs ) 14.3196
Upper Bollinger Band 14.3032
Lower Bollinger Band 14.0842
Percent B (%b) -0.2
BandWidth 1.542938
MACD Line 0.0133
MACD Signal Line 0.0369
MACD Histogram -0.0236
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.36
Resistance 3 (R3) 14.39 14.32 14.30
Resistance 2 (R2) 14.32 14.24 14.30 14.28
Resistance 1 (R1) 14.18 14.19 14.15 14.15 14.27
Pivot Point 14.11 14.11 14.09 14.09 14.11
Support 1 (S1) 13.97 14.03 13.94 13.94 13.81
Support 2 (S2) 13.90 13.98 13.88 13.80
Support 3 (S3) 13.76 13.90 13.78
Support 4 (S4) 13.73