Technical Analysis for BTZ - BlackRock Credit Allocation Income Trust

Grade Last Price % Change Price Change
grade B 13.55 0.82% 0.11
BTZ closed up 0.82 percent on Friday, July 10, 2020, on 66 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical BTZ trend table...

Date Alert Name Type % Chg
Crossed Above 200 DMA Bullish 0.00%
Crossed Above 20 DMA Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Fell Below 200 DMA Bearish 0.82%
Fell Below 20 DMA Bearish 0.82%
Fell Below 50 DMA Bearish 0.82%
Golden Cross Bullish 0.82%

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Profile

BlackRock Credit Allocation Income Trust IV is a closed end balanced mutual fund launched by BlackRock, Inc. The fund is co managed by BlackRock Advisors, LLC, BlackRock Financial Management, Inc., and BlackRock Investment Management, LLC. It invests in the public equity and fixed income markets across the globe. The fund invests in the stocks of companies operating across diversified sectors. For the fixed income portion of the portfolio, it primarily invests in securities with an average credit quality of BBB by Standard & Poor's Corporation. The fund invests in investment grade corporate bonds, high yield bonds, bank loans, preferred securities or convertible bonds or derivatives. It was formerly known as BlackRock Preferred & Equity Advantage Trust. BlackRock Credit Allocation Income Trust IV was formed on December 27, 2006 and is domiciled in the United States.
Exchange Traded Fund ETF Exchange Traded Funds Blackrock Bank Loans

Is BTZ 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 14.91
52 Week Low 9.12
Average Volume 286,262
200-Day Moving Average 13.45
50-Day Moving Average 13.47
20-Day Moving Average 13.52
10-Day Moving Average 13.42
Average True Range 0.20
ADX 14.02
+DI 21.38
-DI 27.14
Chandelier Exit (Long, 3 ATRs ) 13.41
Chandelier Exit (Short, 3 ATRs ) 13.79
Upper Bollinger Band 13.81
Lower Bollinger Band 13.22
Percent B (%b) 0.56
BandWidth 4.40
MACD Line 0.00
MACD Signal Line 0.00
MACD Histogram -0.0075
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 13.70
Resistance 3 (R3) 13.70 13.64 13.68
Resistance 2 (R2) 13.64 13.61 13.65 13.67
Resistance 1 (R1) 13.60 13.58 13.62 13.60 13.66
Pivot Point 13.54 13.54 13.56 13.55 13.54
Support 1 (S1) 13.50 13.51 13.52 13.50 13.44
Support 2 (S2) 13.44 13.48 13.45 13.43
Support 3 (S3) 13.40 13.44 13.43
Support 4 (S4) 13.40