Mutual Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
BLACKROCK MULTI-SECTOR INCOME TRUST (NASDAQ:XBITX)
Weak Uptrend (+65) - XBITX is showing signs of weakening momentum to the upside. Monitor XBITX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid XBITX?
MarketClub looks at technical strength and momentum to determine if the timing is right for XBITX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XBITX
The long-term trend has been UP since Jul 6th, 2020 at 16.27
The intermediate-term trend has been UP since Jun 8th, 2021 at 18.52
The short-term trend has been DOWN since Jun 14th, 2021 at 18.51
Smart Scan Analysis for XBITX
Based on our trend formula, XBITX is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||20.01||52wk High Date||2017-12-05|
|52wk Low||18.39||52wk Low Date||2018-11-20|
|Year End Close||19.72||Payment Date||2020-06-30|