BLACKROCK MULTI-SECTOR INC (BIT)

US09258A1079

14.52  -0.08 (-0.55%)

Technical Rating and Analysis

0

Taking everything into account, BIT scores 0 out of 10 in our technical rating. BIT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
64% of all other stocks performed better in the past year than BIT.
BIT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BIT is lagging the market.
In the last month BIT has a been trading in a tight range between 14.21 and 14.88.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
BIT Weekly chart
BIT Daily chart
Setup Rating and Analysis

4

BIT has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

14.10

15.59

We found 1 important support area.

  • A support zone ranging from 14.24 to 14.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 14.53 to 14.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @15.44 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.66
Mansfield-1.01
10 Day High14.65
10 Day Low14.22
20 Day High14.88
20 Day Low14.22
52 Week High15.98
52 Week Low14.22
Performance
1 Week1.88%
2 Weeks0.34%
1 Month-0.54%
3 Month-2.93%
6 Month-0.14%
12 Month-3.05%
2 Year2.74%
3 Year-19.51%
5 Year-9.65%
10 Year-12.94%
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
RSI(14)52.89
LBB14.06
UBB14.87
BIT Daily chart

BLACKROCK MULTI-SECTOR INC

NYSE:BIT (1/2/2025, 1:40:28 PM)

14.52

-0.08 (-0.55%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.55%
1 Week1.88%
2 Weeks0.34%
1 Month-0.54%
3 Month-2.93%
6 Month-0.14%
12 Month-3.05%
2 Year2.74%
3 Year-19.51%
5 Year-9.65%
10 Year-12.94%
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%0.94%
ATR Inc65.14%
Range Today0.15
ADR(20)0.13
ADR(20)%0.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.66
Mansfield-1.01
10 Day High14.65
10 Day Low14.22
20 Day High14.88
20 Day Low14.22
52 Week High15.98
52 Week Low14.22
CS1 End14.55
CR1 Start14.65
Volume & EV
DER(3)0.73%
DER(5)0.54%
Volume94.01K
Volume Incr42.92%
Vol(5)229.40K
Vol(50)160.90K