Mutual Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
BLACKROCK CREDIT STRATEGIES INCOME FUND - INSTITUTIONAL (NASDAQ:BMSIX)
Long-Term Uptrend (+90) - BMSIX is in a strong uptrend that is likely to continue. While BMSIX 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 BMSIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for BMSIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BMSIX
The long-term trend has been UP since Jul 15th, 2020 at 10.08
The intermediate-term trend has been UP since Nov 5th, 2020 at 10.30
The short-term trend has been UP since Nov 17th, 2020 at 10.42
Smart Scan Analysis for BMSIX
Based on our trend formula, BMSIX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.48||52wk High Date||2020-11-24|
|52wk Low||8.46||52wk Low Date||2020-03-23|
|Year End Close||10.35|