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Stock Trend Analysis Report

Prepared for you on Monday, April 22, 2024.

BlackRock Multi-Sector Income Trust Common Shares of Beneficial Interest (NYSE:BIT)

Sidelines Mode (+55) - BIT 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 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.

NYSE_BIT
Open High Low BIT Price Change
15.1600 15.2937 15.1300 15.2600 +0.1300
Entry Signal

MarketClub’s Trade Triangles for BIT

long term up The long-term trend has been UP since Nov 30th, 2023 at 15.0749

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 15.5700

short term up The short-term trend has been UP since Apr 22nd, 2024 at 15.2300

Smart Scan Analysis for BIT

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

+55
Smart Scan Analysis for BIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.1600 15.2937 15.1300 15.2600 +0.1300
Prev. Close Volume Bid Ask Time
15.1300 42813 2024-04-22 15:35:44
Year High18.37Year High Date2018-01-09
Year Low15.97Year Low Date2018-11-23
52wk High15.9852wk High Date2024-03-28
52wk Low13.6552wk Low Date2023-10-23
Average Volume94,387Market Cap647M
Assets902,737,339MLiabilities344,563,971M
P/E Ratio14.6893Volatility7.73
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