BDJ BlackRock Enhanced Equity Dividend Trust Forecast, Technical & Fundamental Analysis
BDJ in upward trend: price expected to rise as it breaks its lower Bollinger Band on October 26, 2023
BDJ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 40 cases where BDJ's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on BDJ as a result. In of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for BDJ just turned positive on November 02, 2023. Looking at past instances where BDJ's MACD turned positive, the stock continued to rise in of 39 cases over the following month. The odds of a continued upward trend are .
BDJ moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for BDJ crossed bullishly above the 50-day moving average on November 15, 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 BDJ advanced for three days, in of 314 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 329 cases where BDJ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 11 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BDJ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Fundamental Analysis (Ratings)
Industry description
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| FMFVX | 25.45 | 0.33 | +1.31% |
| Franklin Mutual Financial Services R6 | |||
| FLSTX | 39.48 | 0.50 | +1.28% |
| Fidelity Advisor® Leveraged Co Stk M | |||
| AEPCX | 52.10 | 0.45 | +0.87% |
| American Funds Europacific Growth C | |||
| BVEFX | 19.83 | 0.14 | +0.71% |
| Becker Value Equity Retail | |||
| VTCAX | 57.33 | 0.28 | +0.49% |
| Vanguard Communication Svcs Idx Admiral | |||
BDJ and
Correlation & Price change
A.I.dvisor indicates that over the last year, BDJ has been closely correlated with CII. These tickers have moved in lockstep 84% of the time. This A.I.-generated data suggests there is a high statistical probability that if BDJ jumps, then CII could also see price increases.