Technical Analysis for BTT - BlackRock Municipal Target Term Trust Inc. (The)

Grade Last Price % Change Price Change
grade A 25.03 0.20% 0.05
BTT closed up 0.2 percent on Wednesday, August 5, 2020, on 75 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
Very Strong Up Up Up
Historical BTT trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 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%
Cup with Handle Other 0.20%
Overbought Stochastic Strength 0.20%
Up 3 Days in a Row Strength 0.20%
Up 4 Days in a Row Strength 0.20%
Up 5 Days in a Row Strength 0.20%

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Profile

BlackRock Municipal Target Term Trust’s (BTT) (the 'Trust') investment objectives are to provide current income exempt from regular federal income tax (but which may be subject to the federal alternative minimum tax in certain circumstances) and to return $25.00 per common share (the initial offering price per share) to holders of common shares on or about December 31, 2030. The Trust seeks to achieve its investment objectives by investing at least 80% of its assets in municipal bonds exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax). The Trust invests at least 80% of its assets in municipal bonds that are investment grade quality at the time of investment. The Trust actively manages the maturity of its bonds to seek to have a dollar weighted average effective maturity approximately equal to the Trust’s maturity date. The Trust may invest directly in such securities or synthetically through the use of derivatives.
Exchange Traded Fund ETF Bond Municipal Bond Real Estate Mortgage Investment Conduit Local Government In The United States Law Revenue Bond Government Alternative Minimum Tax

Is BTT 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 25.1
52 Week Low 18.62
Average Volume 120,438
200-Day Moving Average 23.68
50-Day Moving Average 24.06
20-Day Moving Average 24.49
10-Day Moving Average 24.75
Average True Range 0.14
ADX 52.06
+DI 37.94
-DI 5.58
Chandelier Exit (Long, 3 ATRs ) 24.63
Chandelier Exit (Short, 3 ATRs ) 24.21
Upper Bollinger Band 25.08
Lower Bollinger Band 23.89
Percent B (%b) 0.96
BandWidth 4.85
MACD Line 0.29
MACD Signal Line 0.26
MACD Histogram 0.0332
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 25.17
Resistance 3 (R3) 25.17 25.11 25.15
Resistance 2 (R2) 25.11 25.08 25.12 25.14
Resistance 1 (R1) 25.07 25.05 25.09 25.08 25.13
Pivot Point 25.02 25.02 25.03 25.02 25.02
Support 1 (S1) 24.98 24.98 25.00 24.98 24.93
Support 2 (S2) 24.92 24.96 24.93 24.92
Support 3 (S3) 24.88 24.92 24.91
Support 4 (S4) 24.89