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BLACKROCK CREDIT ALLOCATION (BTZ) Stock Technical Analysis

NYSE:BTZ - New York Stock Exchange, Inc. - US0925081004 - Currency: USD

10.74  -0.06 (-0.56%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to BTZ. BTZ has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, BTZ turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
BTZ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BTZ is lagging the market.
In the last month BTZ has a been trading in a tight range between 10.62 and 10.96.
Weekly and Daily overview Charts
BLACKROCK CREDIT ALLOCATION / BTZ Weekly stock chart
BLACKROCK CREDIT ALLOCATION / BTZ Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is bad, BTZ does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 10.69, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

10.27

11.40

When analyzing the support we notice one important area.

  • A support zone ranging from 10.37 to 10.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 10.75 to 10.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 11.20 to 11.29. 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
CRS41.75
Mansfield-0.72
10 Day High10.94
10 Day Low10.71
20 Day High10.96
20 Day Low10.62
52 Week High11.3
52 Week Low9.92
Performance
1 Week-1.1%
2 Weeks-1.65%
1 Month1.23%
3 Month-1.1%
6 Month-2.45%
12 Month0.85%
2 Year0.19%
3 Year-16.61%
5 Year-21.61%
10 Year-19.73%
15 Year-10.13%
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)47.67
LBB10.72
UBB10.95
BLACKROCK CREDIT ALLOCATION / BTZ Daily stock chart

BLACKROCK CREDIT ALLOCATION

NYSE:BTZ (2/21/2025, 8:04:35 PM)

10.74

-0.06 (-0.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.56%
1 Week-1.1%
2 Weeks-1.65%
1 Month1.23%
3 Month-1.1%
6 Month-2.45%
12 Month0.85%
2 Year0.19%
3 Year-16.61%
5 Year-21.61%
10 Year-19.73%
15 Year-10.13%
Volatility
ATR(14)0.07
ATR(20)%0.67%
ATR Inc0.98%
Range Today0.08
ADR(20)0.06
ADR(20)%0.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.75
Mansfield-0.72
10 Day High10.94
10 Day Low10.71
20 Day High10.96
20 Day Low10.62
52 Week High11.3
52 Week Low9.92
CS1 End10.69
CR1 Start10.75
Volume & EV
DER(3)-0.29%
DER(5)-3.65%
Volume254.60K
Volume Incr1.09%
Vol(5)242.94K
Vol(50)272.61K