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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
BlackRock Multi-Sector Income Trust Common Shares of Beneficial Interest (NYSE:BIT)
Sidelines Mode (-50) - BIT is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BIT can gain momentum.
Is it time to buy, sell, or avoid BIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for BIT.
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 BIT
The long-term trend has been UP since Nov 30th, 2023 at 15.0749
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 15.5700
The short-term trend has been DOWN since May 7th, 2024 at 15.3627
Smart Scan Analysis for BIT
Based on our trend formula, BIT is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.41 | 15.41 | 15.32 | 15.32 | -0.07 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.39 | 47097 | 2024-05-09 11:44:12 |
| Year High | 18.37 | Year High Date | 2018-01-09 |
| Year Low | 15.97 | Year Low Date | 2018-11-23 |
| 52wk High | 15.98 | 52wk High Date | 2024-03-28 |
| 52wk Low | 13.65 | 52wk Low Date | 2023-10-23 |
| Average Volume | 88,642 | Market Cap | 647M |
| Assets | 902,737,339M | Liabilities | 344,563,971M |
| P/E Ratio | 14.9418 | Volatility | 7.73 |