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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
BlackRock Floating Rate Income Trust (NYSE:BGT)
Long-Term Uptrend (+90) - BGT is in a strong uptrend that is likely to continue. While BGT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid BGT?
MarketClub looks at technical strength and momentum to determine if the timing is right for BGT.
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 BGT
The long-term trend has been UP since Dec 29th, 2023 at 12.3200
The intermediate-term trend has been UP since Jul 8th, 2024 at 13.0399
The short-term trend has been UP since Jul 26th, 2024 at 13.1350
Smart Scan Analysis for BGT
Based on our trend formula, BGT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.13 | 13.22 | 13.03 | 13.08 | -0.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.12 | 61189 | 2024-07-26 15:59:57 |
| Year High | 14.22 | Year High Date | 2018-01-02 |
| Year Low | 12.2425 | Year Low Date | 2018-11-28 |
| 52wk High | 13.97 | 52wk High Date | 2024-05-15 |
| 52wk Low | 11.2301 | 52wk Low Date | 2023-10-27 |
| Year End Close | 15.05 | Average Volume | 138,084 |
| Shares Outstanding | 26,225 | Market Cap | 285M |
| Assets | 461,053,191M | Liabilities | 160,341,044M |
| P/E Ratio | 17.1538 | Beta | -0.69000000 |
| Volatility | 7.74 |