RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of BGT
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Red day on Wednesday for Blackrock Global stock after losing 0.0770%
(Updated on Mar 27, 2024)

Buy candidate since Mar 26, 2024 Loss -0.08% PDF

The Blackrock Global stock price fell by -0.0770% on the last day (Wednesday, 27th Mar 2024) from $12.98 to $12.97. During the last trading day the stock fluctuated 1.01% from a day low at $12.92 to a day high of $13.05. The price has fallen in 8 of the last 10 days and is down by -3.21% for this period. Volume has increased on the last day by 6 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 80 thousand shares were bought and sold for approximately $1.03 million.

The stock lies in the lower part of a strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $12.85 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 10.11% during the next 3 months and, with a 90% probability hold a price between $14.15 and $14.98 at the end of this 3-month period.

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BGT Signals & Forecast

A sell signal was issued from a pivot top point on Wednesday, March 13, 2024, and so far it has fallen -3.21%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Blackrock Global gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". Some positive signals were issued as well, and these may have some influence on the near short-term development. The Blackrock Global stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $13.00. On a fall, the stock will find some support from the long-term average at approximately $12.93. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. The stock had a Golden Star Signal on Monday, January 22, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, June 23, 2023.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Monday, January 22, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, June 23, 2023.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Monday, January 22, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, June 23, 2023.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Blackrock Global stock

Blackrock Global finds support from accumulated volume at $12.34 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.130 between high and low, or 1.01%. For the last week the stock has had daily average volatility of 1.36%.

Our recommended stop-loss: $12.48 (-3.78%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 10 days ago.)

Trading Expectations (BGT) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Blackrock Global to open at $12.98, and during the day (based on 14 day Average True Range), to move between $12.81 and $13.13, which gives a possible trading interval of +/-$0.162 (+/-1.25%) up or down from last closing price. If Blackrock Global takes out the full calculated possible swing range there will be an estimated 2.50% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $13.10 (1.00%) than the support at $12.34 (4.86%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Blackrock Global stock A Buy?

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

Current score: 3.295 Buy Candidate Unchanged

Predicted Opening Price for Blackrock Global of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$12.98 ( 0.0771%) $12.97

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for BGT

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 13.11 1.08 %
R2 13.06 0.697 %
R1 13.03 0.460 %
Current price: 12.97
Support S1 12.93 -0.306 %
S2 12.90 -0.542 %
S3 12.85 -0.93 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 13.40 3.32 %
R2 13.11 1.08 %
R1 13.10 1.00 %
Current price 12.97
Support S1 12.34 -4.86%
S2 12.19 -6.01%
S3 12.11 -6.63%

BGT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 01, 2024 Mar 14, 2024 Mar 28, 2024 $0.120 0.93%
2 Feb 01, 2024 Feb 14, 2024 Feb 29, 2024 $0.120 0.94%
3 Jan 02, 2024 Jan 11, 2024 Jan 31, 2024 $0.120 0.97%
4 Dec 05, 2023 Dec 14, 2023 Dec 20, 2023 $0.120 1.00%
5 Nov 01, 2023 Nov 14, 2023 Nov 30, 2023 $0.114 0.95%

FAQ

What is the symbol for Blackrock Global Stock and on which exchange is it traded?
The symbol for Blackrock Global is BGT and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Blackrock Global Stock?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

How to buy Blackrock Global Stock?
Blackrock Global Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Blackrock Global Stock.

What's the current price of Blackrock Global Stock?
As of the end of day on the 2024-03-27, the price of an Blackrock Global (BGT) share was $12.97.

What is the 52-week high and low for Blackrock Global Stock?
The 52-week high for Blackrock Global Stock is $13.41 and the 52-week low is $10.89.

What is the market capitalization of Blackrock Global Stock?
As of the 2024-03-27, the market capitalization of Blackrock Global is 290.014M.
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About Blackrock Global

BlackRock Floating Rate Income Trust is a close ended fixed income mutual fund launched by BlackRoack Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc. It invests in the fixed income markets across the globe while focusing on the United States. The fund invests in bonds of companies operating across diversified sectors. It invests in corporate bonds with average effective duration of its portfolio wil... BGT Profile

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