BLACKROCK MULTI-SECTOR INC (BIT) Stock Technical Analysis
NYSE:BIT - New York Stock Exchange, Inc. - US09258A1079 - Currency: USD
Overall BIT gets a technical rating of 1 out of 10. 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.
When comparing the yearly performance of all stocks, BIT is a bad performer in the overall market: 66% of all stocks are doing better.
BIT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month BIT has a been trading in a tight range between 14.60 and 14.88.
BIT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 14.53, a Stop Loss order could be placed below this zone.
More info and screens
13.93
15.35
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.53 to 14.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 14.07 to 14.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 14.64 to 14.82. 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
CRS34.81
Mansfield-0.93
10 Day High14.88
10 Day Low14.6
20 Day High14.88
20 Day Low14.6
52 Week High15.98
52 Week Low14.22
Performance
1 Week-1.48%
2 Weeks-1.28%
1 Month-0.95%
3 Month-0.34%
6 Month-2.67%
12 Month-3.95%
2 Year-3.18%
3 Year-9.99%
5 Year-6.05%
10 Year-16.86%
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)-0.02
RSI(14)41.68
LBB14.6
UBB14.9
NYSE:BIT (2/21/2025, 8:04:00 PM)
14.6
-0.07 (-0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.48%
1 Week-1.48%
2 Weeks-1.28%
1 Month-0.95%
3 Month-0.34%
6 Month-2.67%
12 Month-3.95%
2 Year-3.18%
3 Year-9.99%
5 Year-6.05%
10 Year-16.86%
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.72%
ATR Inc-14.22%
Range Today0.11
ADR(20)0.1
ADR(20)%0.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.81
Mansfield-0.93
10 Day High14.88
10 Day Low14.6
20 Day High14.88
20 Day Low14.6
52 Week High15.98
52 Week Low14.22
CS1 End14.53
CR1 Start14.64
Volume & EV
DER(3)-4.41%
DER(5)-5.28%
Volume112.00K
Volume Incr-29.7%
Vol(5)137.86K
Vol(50)184.86K