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BLACKROCK INCOME TRUST (BKT) Stock Technical Analysis

NYSE:BKT - New York Stock Exchange, Inc. - US09247F2092 - Currency: USD

11.69  +0.06 (+0.52%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to BKT. BKT'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 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, BKT is a bad performer in the overall market: 62% of all stocks are doing better.
BKT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BKT is lagging the market.
In the last month BKT has a been trading in a tight range between 11.47 and 11.92.
Weekly and Daily overview Charts
BLACKROCK INCOME TRUST / BKT Weekly stock chart
BLACKROCK INCOME TRUST / BKT Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is bad, BKT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 11.68, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

11.12

12.75

When analyzing the support we notice one important area.

  • A support zone ranging from 11.23 to 11.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 11.70 to 11.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 12.30 to 12.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS38.72
Mansfield-0.88
10 Day High11.92
10 Day Low11.61
20 Day High11.92
20 Day Low11.47
52 Week High12.67
52 Week Low11.06
Performance
1 Week-0.43%
2 Weeks-1.02%
1 Month1.3%
3 Month-0.34%
6 Month-5.42%
12 Month-1.27%
2 Year-6.7%
3 Year-23.89%
5 Year-35.16%
10 Year-39.3%
15 Year-40.33%
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)-0.01
RSI(14)51.62
LBB11.53
UBB11.9
BLACKROCK INCOME TRUST / BKT Daily stock chart

BLACKROCK INCOME TRUST

NYSE:BKT (2/21/2025, 8:04:00 PM)

11.69

+0.06 (+0.52%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.52%
1 Week-0.43%
2 Weeks-1.02%
1 Month1.3%
3 Month-0.34%
6 Month-5.42%
12 Month-1.27%
2 Year-6.7%
3 Year-23.89%
5 Year-35.16%
10 Year-39.3%
15 Year-40.33%
Volatility
ATR(14)0.14
ATR(20)%1.09%
ATR Inc-29.39%
Range Today0.11
ADR(20)0.13
ADR(20)%1.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.72
Mansfield-0.88
10 Day High11.92
10 Day Low11.61
20 Day High11.92
20 Day Low11.47
52 Week High12.67
52 Week Low11.06
CS1 End11.68
CR1 Start11.7
Volume & EV
DER(3)0.62%
DER(5)2.3%
Volume99.40K
Volume Incr7.69%
Vol(5)73.34K
Vol(50)68.10K