Stock Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
BLACKROCK TAXABLE MUNI-BOND TRUST (NYSE:BBN)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 Oct 25th, 2017 at 22.8300
The intermediate term trend has been DOWN since Apr 20th, 2018 at 22.1475
The short term trend has been DOWN since May 1st, 2018 at 21.8000
Smart Scan Analysis for BBN
Based on a pre-defined weighted trend formula for chart analysis, BBN scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||23.44||Year High Date||2018-01-05|
|Year Low||21.26||Year Low Date||2018-05-18|
|52wk High||23.96||52wk High Date||2017-08-29|
|52wk Low||21.26||52wk Low Date||2018-05-18|
|Year End Close||22.87||Average Volume||173,496|