For its latest trading sesion, Blackrock Municipal Income Quality Trust (NYSE:BYM) spiked up by 0.7% – here is what that looked like (as of 2019-12-04):
What’s the reason for these moves? To grasp this action better, it is helpful to analyze some technical indicators. The most important ones are as follows:
A Money Flow Index (MFI) of 33.43, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.051, an Accumulation/Distribution Index (ADI) of 0.051, an On-Balance Volume (OBV) of 31.321, and a Chaiikin Money Flow (CMF) of -13.91. 2.0
Now let’s plug these indicators in. According to Trading View, putting it all together gets the following:
That is what an analysis of technical indicators seems to indicate for Blackrock Municipal Income Quality Trust (NYSE:BYM). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.