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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
BlackRock Credit Allocation Income Trust (NYSE:BTZ)
Long-Term Downtrend (-90) - BTZ is in a strong downtrend that is likely to continue. While BTZ is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BTZ?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTZ.
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 BTZ
The long-term trend has been DOWN since Dec 18th, 2024 at 10.5850
The intermediate-term trend has been DOWN since Dec 16th, 2024 at 10.8201
The short-term trend has been DOWN since Dec 12th, 2024 at 11.0100
Smart Scan Analysis for BTZ
Based on our trend formula, BTZ is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.5000 | 10.5800 | 10.4501 | 10.5750 | +0.1150 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.5500 | 246822 | 2024-12-24 12:59:54 |
| Year High | 13.36 | Year High Date | 2018-01-04 |
| Year Low | 11.46 | Year Low Date | 2018-11-20 |
| 52wk High | 11.3 | 52wk High Date | 2024-10-01 |
| 52wk Low | 9.92 | 52wk Low Date | 2024-04-16 |
| Year End Close | 13.73 | Average Volume | 307,625 |
| Shares Outstanding | 108,088 | % Institutional | 100 |
| Market Cap | 1,435M | Assets | 167,147,744M |
| Liabilities | 620,169,301M | P/E Ratio | 16.4478 |
| Beta | 0.41 | Volatility | 6.24 |