Stock Trend Analysis Report
Prepared for you on Sunday, April 30, 2017.
BLACKROCK TAXABLE MUNI-BOND TRUST (NYSE:BBN)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for BBN
The long term trend has been DOWN since Sep 16th, 2016 at 23.0400
The intermediate term trend has been DOWN since Apr 24th, 2017 at 22.4000
The short term trend has been UP since Apr 27th, 2017 at 22.4399
Smart Scan Analysis for BBN
Based on a pre-defined weighted trend formula for chart analysis, BBN scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||22.75||Year High Date||2017-02-08|
|Year Low||21.42||Year Low Date||2017-01-03|
|52wk High||25.58||52wk High Date||2016-08-10|
|52wk Low||19.5||52wk Low Date||2016-11-10|
|Year End Close||22.87||Average Volume||124,918|