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Stock Trend Analysis Report

Prepared for you on Friday, March 31, 2023.

BlackRock Floating Rate Income Trust (NYSE:BGT)

Sidelines Mode (-55) - BGT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

NYSE_BGT
Open High Low BGT Price Change
11.14 11.22 11.10 11.21 +0.14
Entry Signal

MarketClub’s Trade Triangles for BGT

long term down The long-term trend has been DOWN since Mar 17th, 2023 at 10.82

intermediate term down The intermediate-term trend has been DOWN since Feb 22nd, 2023 at 11.44

short term up The short-term trend has been UP since Mar 29th, 2023 at 11.03

Smart Scan Analysis for BGT

Based on our trend formula, BGT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for BGT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.14 11.22 11.10 11.21 +0.14
Prev. Close Volume Bid Ask Time
11.22 78597 2023-03-30 15:59:50
Year High14.22Year High Date2018-01-02
Year Low12.2425Year Low Date2018-11-28
52wk High13.0352wk High Date2022-04-07
52wk Low10.5652wk Low Date2022-10-13
Year End Close15.05Average Volume124,083
Shares Outstanding26,225Market Cap285M
Assets461,053,191MLiabilities160,341,044M
P/E Ratio17.1538Beta-0.69000000
Volatility7.74
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