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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
BlackRock Floating Rate Income Trust (NYSE:BGT)
Strong Uptrend (+100) - BGT is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BGT continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid BGT?
MarketClub looks at technical strength and momentum to determine if the timing is right for BGT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BGT
The long-term trend has been UP since Dec 29th, 2023 at 12.3200
The intermediate-term trend has been UP since May 6th, 2024 at 12.9900
The short-term trend has been UP since May 2nd, 2024 at 12.9299
Smart Scan Analysis for BGT
Based on our trend formula, BGT is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.180 | 13.350 | 13.169 | 13.350 | +0.210 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.340 | 129261 | 2024-05-08 15:59:20 |
| Year High | 14.22 | Year High Date | 2018-01-02 |
| Year Low | 12.2425 | Year Low Date | 2018-11-28 |
| 52wk High | 13.42 | 52wk High Date | 2024-03-13 |
| 52wk Low | 10.95 | 52wk Low Date | 2023-05-26 |
| Year End Close | 15.05 | Average Volume | 94,606 |
| Shares Outstanding | 26,225 | Market Cap | 285M |
| Assets | 461,053,191M | Liabilities | 160,341,044M |
| P/E Ratio | 17.1538 | Beta | -0.69000000 |
| Volatility | 7.74 |