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Stock Trend Analysis Report
Prepared for you on Monday, December 9, 2024.
BlackRock Multi-Sector Income Trust Common Shares of Beneficial Interest (NYSE:BIT)
Bull Market Weakness (+75) - BIT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BIT as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for BIT.
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 BIT
The long-term trend has been UP since Sep 4th, 2024 at 15.100
The intermediate-term trend has been DOWN since Oct 14th, 2024 at 14.920
The short-term trend has been UP since Nov 25th, 2024 at 14.695
Smart Scan Analysis for BIT
Based on our trend formula, BIT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.7500 | 14.8100 | 14.7204 | 14.8050 | +0.0550 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.8000 | 102711 | 2024-12-06 15:59:09 |
| Year High | 18.37 | Year High Date | 2018-01-09 |
| Year Low | 15.97 | Year Low Date | 2018-11-23 |
| 52wk High | 15.98 | 52wk High Date | 2024-03-28 |
| 52wk Low | 14.39 | 52wk Low Date | 2024-08-06 |
| Average Volume | 159,216 | Market Cap | 647M |
| Assets | 915,311,849M | Liabilities | 356,937,300M |
| P/E Ratio | 14.7087 | Volatility | 7.73 |