+Compare
BCX
ETF ticker: NASDAQ
AS OF
Loading...
Price
Loading...
Change
Loading...
Net Assets
874.9M

BCX Price Prediction, Blackrock Resources & Commodities Strategy Trust AI Recommendations

ETF market charts, price targets, analyst ratings and a financial calendar

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for BCX with price predictions
07:00 PM EST Dec 07, 2023

BCX in downward trend: price dove below 50-day moving average on December 05, 2023

BCX moved below its 50-day moving average on December 05, 2023 date and that indicates a change from an upward trend to a downward trend. In of 37 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 05, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on BCX as a result. In of 73 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 BCX turned negative on December 06, 2023. 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 .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BCX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for BCX entered a downward trend on November 21, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

The 10-day moving average for BCX crossed bullishly above the 50-day moving average on November 28, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BCX advanced for three days, in of 317 cases, the price rose further within the following month. The odds of a continued upward trend are .

BCX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed
A.I.Advisor
published Highlights

Industry description

BlackRock Resources & Commodities Strategy Trust operates as an investment trust. Its primary investment objective is to seek high current income and current gains, with a secondary objective of capital appreciation. The company invests at least 80% of its total assets in equity securities issued by commodity or natural resources companies, derivatives with exposure to commodity or natural resources companies or investments in securities and derivatives linked to the underlying price movement of commodities or natural resources.

Volume

The average weekly volume growth across all stocks in the Blackrock Resources & Commodities Strategy Trust ETF was 13%. For the same stocks of the ETF, the average monthly volume growth was 22% and the average quarterly volume growth was 18%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 32
P/E Growth Rating: 74
Price Growth Rating: 37
SMR Rating: 42
Profit Risk Rating: 40
Seasonality Score: -16 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Category Unknown

Profile
Fundamentals
Details
Category
Natural Resources
Address
N/A
Phone
N/A
Web
www.blackrock .com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
SCWFX61.380.32
+0.52%
American Funds SMALLCAP World F1
PLVIX17.860.07
+0.39%
Principal Large Cap Value III Inst
ISMSX9.590.02
+0.21%
VY® American Century Sm-Mid Cp Val S2
PEDGX11.880.02
+0.17%
Principal Edge MidCap Institutional
AAIPX18.230.03
+0.16%
American Beacon International Eq Inv

BCX and

Correlation & Price change

A.I.dvisor indicates that over the last year, BCX has been closely correlated with GUNR. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if BCX jumps, then GUNR could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BCX
1D Price
Change %
BCX100%
+1.05%
GUNR - BCX
85%
Closely correlated
+0.08%
GNR - BCX
84%
Closely correlated
+0.26%
VAW - BCX
68%
Closely correlated
+0.32%
XLB - BCX
67%
Closely correlated
+0.37%
LIT - BCX
56%
Loosely correlated
+0.38%
More