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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
BlackRock Floating Rate Loan ETF (BATS:BRLN)
Sidelines Mode (-50) - BRLN is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BRLN can gain momentum.
Is it time to buy, sell, or avoid BRLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRLN.
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 BRLN
The long-term trend has been UP since Nov 7th, 2022 at 50.550
The intermediate-term trend has been DOWN since May 1st, 2024 at 52.285
The short-term trend has been DOWN since May 1st, 2024 at 52.501
Smart Scan Analysis for BRLN
Based on our trend formula, BRLN is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 52.5600 | 52.8199 | 52.3800 | 52.6250 | +0.0650 |
| Prev. Close | Volume | Bid | Ask | Time |
| 52.5600 | 10296 | 2024-05-07 15:42:53 |
| 52wk High | 53.33 | 52wk High Date | 2024-01-22 |
| 52wk Low | 51.07 | 52wk Low Date | 2023-05-25 |
| Average Volume | 12,838 |