BlackRock Energy and Resources Trust (NYSE:BGR) Spiked Up 0.3% – Here’s Why

In its latest trading session, BlackRock Energy and Resources Trust (NYSE:BGR) spiked up by 0.3% – here is what that looked like (as of 2019-12-24):

Why are these moves happning?? To understand this better, We ought to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.108, an Accumulation/Distribution Index (ADI) of 0.108, an On-Balance Volume (OBV) of 42.405, and a Chaiikin Money Flow (CMF) of -11.33. 2.429

Now let’s take all these indicators into account. According to Trading View, this is what it all means:

So there you have it – our analysis of BlackRock Energy and Resources Trust (NYSE:BGR). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.