BLACKROCK MULTI-SECTOR INC (BIT) Stock Technical Analysis
NYSE:BIT - New York Stock Exchange, Inc. - US09258A1079 - Currency: USD
Taking everything into account, BIT scores 0 out of 10 in our technical rating. BIT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BIT is a bad performer in the overall market: 63% of all stocks are doing better.
In the last month BIT has a been trading in the 12.50 - 14.50 range, which is quite wide. It is currently trading near the high of this range.
BIT is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, BIT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 14.15. Right above this resistance zone may be a good entry point.
More info and screens
13.88
15.35
2 important resistance areas can be observed.
- A resistance zone ranging from 14.15 to 14.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @15.20 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.67
Mansfield-0.21
10 Day High14.06
10 Day Low13.5
20 Day High14.5
20 Day Low12.5
52 Week High15.48
52 Week Low12.5
Performance
1 Week2.87%
2 Weeks3.71%
1 Month-3.25%
3 Month-5.28%
6 Month-5.66%
12 Month-9.39%
2 Year-5.02%
3 Year-11.46%
5 Year4.17%
10 Year-20.47%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.07
RSI(14)51.28
LBB13.29
UBB14.09
NYSE:BIT (4/29/2025, 12:39:44 PM)
14.025
+0.04 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.25%
1 Week2.87%
2 Weeks3.71%
1 Month-3.25%
3 Month-5.28%
6 Month-5.66%
12 Month-9.39%
2 Year-5.02%
3 Year-11.46%
5 Year4.17%
10 Year-20.47%
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%2.37%
ATR Inc-66.7%
Range Today0.13
ADR(20)0.31
ADR(20)%2.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.67
Mansfield-0.21
10 Day High14.06
10 Day Low13.5
20 Day High14.5
20 Day Low12.5
52 Week High15.48
52 Week Low12.5
CS1 EndN/A
CR1 Start14.15
Volume & EV
DER(3)-1.78%
DER(5)0.46%
Volume47.50K
Volume Incr-60.65%
Vol(5)83.50K
Vol(50)184.35K