Technical Analysis for BME - Blackrock Health Sciences Trust

Grade Last Price % Change Price Change
D 44.6265 0.04% 0.02
BME closed up 0.04 percent on Friday, March 5, 2021, on 1.4 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. It was able to bounce off of its 200 day moving average, an important long-term support line. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. 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 EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Flat Down Down
Historical BME trend table...

Date Alert Name Type % Chg
200 DMA Support Bullish 0.00%
Hammer Candlestick Bullish 0.00%
NR7 Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Jack-in-the-Box Bearish Bearish Swing Setup 0.04%
Lower Bollinger Band Walk Weakness 0.04%
Stochastic Reached Oversold Weakness 0.04%
Inside Day Range Contraction 0.04%
Older End-of-Day Signals for BME ...

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Profile

BlackRock Health Sciences Trust is a close ended equity mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets across the globe. The fund invests in the stocks of companies operating in the healthcare sector which includes businesses involved in researching, developing, producing, distributing or delivering medical, dental, optical, pharmaceutical or biotechnology products, supplies, equipment or services or that provide support services to these companies. It benchmarks the performance of its portfolio against the Russell 3000 Healthcare Index. BlackRock Health Sciences Trust was formed on March 31, 2005 and is domiciled in the United States.
Classification

Keywords: Exchange Traded Fund ETF Biotechnology Blackrock Health Sciences Technology Products Healthcare Sector Biotechnology Products

Is BME 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 50.94
52 Week Low 27.0
Average Volume 35,633
200-Day Moving Average 44.58
50-Day Moving Average 48.07
20-Day Moving Average 47.38
10-Day Moving Average 46.05
Average True Range 1.23
ADX 27.63
+DI 12.28
-DI 26.54
Chandelier Exit (Long, 3 ATRs ) 46.09
Chandelier Exit (Short, 3 ATRs ) 47.85
Upper Bollinger Band 50.57
Lower Bollinger Band 44.19
Percent B (%b) 0.07
BandWidth 13.46
MACD Line -0.86
MACD Signal Line -0.56
MACD Histogram -0.3071
Fundamentals Value
Market Cap 513.95 Million
Num Shares 11.5 Million
EPS 4.77
Price-to-Earnings (P/E) Ratio 9.35
Price-to-Sales 9.50
Price-to-Book 1.12
PEG Ratio 0.00
Dividend 2.40
Dividend Yield 5.38%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 45.59
Resistance 3 (R3) 45.53 45.16 45.43
Resistance 2 (R2) 45.16 44.92 45.19 45.37
Resistance 1 (R1) 44.89 44.77 44.71 44.95 45.32
Pivot Point 44.52 44.52 44.43 44.55 44.52
Support 1 (S1) 44.25 44.28 44.07 44.31 43.93
Support 2 (S2) 43.88 44.13 43.91 43.88
Support 3 (S3) 43.61 43.88 43.83
Support 4 (S4) 43.67