BGT BlackRock Floating Rate Income Trust Forecast, Technical & Fundamental Analysis
Blackrock Floating Rate Income Trust is a closed-end management investment company... Show more
BGT sees its Stochastic Oscillator recovers from oversold territory
On August 15, 2025, the Stochastic Oscillator for BGT moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 51 instances where the indicator left the oversold zone. In of the 51 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BGT advanced for three days, in of 339 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 340 cases where BGT 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 Momentum Indicator moved below the 0 level on August 05, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on BGT as a result. In of 89 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 BGT turned negative on August 04, 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 53 similar instances when the indicator turned negative. In of the 53 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 BGT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
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General Information
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BGT and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BGT has been loosely correlated with JQC. These tickers have moved in lockstep 54% of the time. This A.I.-generated data suggests there is some statistical probability that if BGT jumps, then JQC could also see price increases.
| Ticker / NAME | Correlation To BGT | 1D Price Change % | ||
|---|---|---|---|---|
| BGT | 100% | +0.16% | ||
| JQC - BGT | 54% Loosely correlated | N/A | ||
| JBBB - BGT | 52% Loosely correlated | -0.04% | ||
| BKLN - BGT | 49% Loosely correlated | -0.05% | ||
| SRLN - BGT | 41% Loosely correlated | -0.02% | ||
| OXLC - BGT | 41% Loosely correlated | +1.18% | ||
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