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Stock Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

BlackRock Floating Rate Income Trust (NYSE:BGT)

Countertrend Down (-85) - BGT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid BGT?

MarketClub looks at technical strength and momentum to determine if the timing is right for BGT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_BGT
Open High Low BGT Price Change
12.96 12.97 12.85 12.88 -0.08
Entry Signal

MarketClub’s Trade Triangles for BGT

long term down The long-term trend has been DOWN since Aug 5th, 2024 at 12.73

intermediate term down The intermediate-term trend has been DOWN since Nov 19th, 2024 at 12.90

short term up The short-term trend has been UP since Nov 6th, 2024 at 13.31

Smart Scan Analysis for BGT

Based on our trend formula, BGT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for BGT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.96 12.97 12.85 12.88 -0.08
Prev. Close Volume Bid Ask Time
12.91 113466 2024-11-20 15:57:11
Year High14.22Year High Date2018-01-02
Year Low12.2425Year Low Date2018-11-28
52wk High13.9752wk High Date2024-05-15
52wk Low11.8552wk Low Date2023-11-22
Year End Close15.05Average Volume105,846
Shares Outstanding26,225Market Cap285M
Assets461,053,191MLiabilities160,341,044M
P/E Ratio17.1538Beta-0.69000000
Volatility7.74
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