Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
BlackRock Credit Allocation Income Trust (NYSE:BTZ)
Bull Market Weakness (+75) - BTZ is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BTZ as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BTZ?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTZ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for BTZ
The long-term trend has been DOWN since Apr 12th, 2024 at 10.30
The intermediate-term trend has been UP since May 6th, 2024 at 10.38
The short-term trend has been UP since Apr 30th, 2024 at 10.17
Smart Scan Analysis for BTZ
Based on our trend formula, BTZ is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.500 | 10.540 | 10.410 | 10.475 | -0.025 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.490 | 283392 | 2024-05-08 15:59:44 |
| Year High | 13.36 | Year High Date | 2018-01-04 |
| Year Low | 11.46 | Year Low Date | 2018-11-20 |
| 52wk High | 11.13 | 52wk High Date | 2024-02-01 |
| 52wk Low | 9.101 | 52wk Low Date | 2023-10-23 |
| Year End Close | 13.73 | Average Volume | 279,976 |
| Shares Outstanding | 108,088 | % Institutional | 100 |
| Market Cap | 1,435M | Assets | 176,590,593M |
| Liabilities | 683,813,711M | P/E Ratio | 15.6716 |
| Beta | 0.41 | Volatility | 6.24 |