BBN BlackRock Taxable Municipal Forecast, Technical & Fundamental Analysis
BlackRock Taxable Municipal Bond Trust is a diversified, closed-end management investment company... Show more
BBN sees its 50-day moving average cross bearishly below its 200-day moving average
The 50-day moving average for BBN moved below the 200-day moving average on April 21, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on May 08, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on BBN as a result. In of 74 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for BBN turned negative on May 13, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
BBN moved below its 50-day moving average on May 02, 2025 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BBN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where BBN's RSI Oscillator exited the oversold zone, of 37 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 11 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BBN advanced for three days, in of 315 cases, the price rose further within the following month. The odds of a continued upward trend are .
BBN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| EVUAX | 19.59 | 0.17 | +0.88% |
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| PYVSX | 16.03 | -0.03 | -0.19% |
| Payden Equity Income SI | |||
| VVERX | 6.61 | -0.02 | -0.30% |
| Virtus Ceredex Small-Cap Value Eq R6 | |||
| AAGPX | 22.54 | -0.11 | -0.49% |
| American Beacon Large Cap Value Inv | |||
| PRUFX | 102.91 | -1.00 | -0.96% |
| T. Rowe Price Growth Stock I | |||
BBN and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BBN has been closely correlated with NBB. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if BBN jumps, then NBB could also see price increases.
| Ticker / NAME | Correlation To BBN | 1D Price Change % | ||
|---|---|---|---|---|
| BBN | 100% | +0.32% | ||
| NBB - BBN | 75% Closely correlated | +0.59% | ||
| GBAB - BBN | 62% Loosely correlated | +0.20% | ||
| ILTB - BBN | 61% Loosely correlated | +0.11% | ||
| ZTEN - BBN | 60% Loosely correlated | +0.52% | ||
| SPLB - BBN | 60% Loosely correlated | +0.75% | ||
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