BFK BlackRock Municipal Income Trust Forecast, Technical & Fundamental Analysis
Blackrock Municipal Income Trust is a closed-end municipal bond fund... Show more
BFK's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for BFK turned positive on April 24, 2025. Looking at past instances where BFK's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where BFK's RSI Indicator exited the oversold zone, of 36 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 23, 2025. You may want to consider a long position or call options on BFK as a result. In of 68 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 BFK advanced for three days, in of 317 cases, the price rose further within the following month. The odds of a continued upward trend are .
BFK may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
BFK moved below its 50-day moving average on March 26, 2025 date and that indicates a change from an upward trend to a downward trend.
The 50-day moving average for BFK moved below the 200-day moving average on April 10, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BFK 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 BFK entered a downward trend on April 22, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category Unknown
BFK and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BFK has been closely correlated with RTAI. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if BFK jumps, then RTAI could also see price increases.