For its latest trading sesion, BlackRock Maryland Municipal Bond Trust (NYSE:BZM) spiked up by 0.3% – here is what that looked like (as of 2019-12-24):
What is the cause of all this?? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. The most important ones are as follows:
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 0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.106, an Accumulation/Distribution Index (ADI) of 0.106, an On-Balance Volume (OBV) of 90.312, and a Chaiikin Money Flow (CMF) of 15.016. 1.441
So what do these technical indicators mean? Let’s see. According to Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for BlackRock Maryland Municipal Bond Trust (NYSE:BZM). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.