BNY BlackRock New York Municipal Income Trust Forecast, Technical & Fundamental Analysis
Blackrock NY Municipal Income Tr investment objective is to provide shareholders with as high a level of current income exempt from U... Show more
BNY in upward trend: price rose above 50-day moving average on August 22, 2025
BNY moved above its 50-day moving average on August 22, 2025 date and that indicates a change from a downward trend to an upward trend. In of 29 similar past instances, the stock price increased further within 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 August 29, 2025. You may want to consider a long position or call options on BNY as a result. In of 72 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 BNY just turned positive on August 29, 2025. Looking at past instances where BNY's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for BNY crossed bullishly above the 50-day moving average on August 12, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 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 BNY advanced for three days, in of 278 cases, the price rose further within the following month. The odds of a continued upward trend 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 7 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 BNY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
BNY broke above its upper Bollinger Band on September 05, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| PGJQX | 18.24 | 0.04 | +0.22% |
| PGIM Jennison Global Infrastructure R6 | |||
| ECRAX | 15.16 | -0.02 | -0.13% |
| Eaton Vance All Asset Strategy C | |||
| IYHIX | 6.01 | -0.01 | -0.17% |
| Macquarie High Income Fund Class R | |||
| TILVX | 28.29 | -0.17 | -0.60% |
| Nuveen Large Cap Value Idx R6 | |||
| HWSIX | 77.03 | -1.49 | -1.90% |
| Hotchkis & Wiley Small Cap Value I | |||
BNY and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BNY has been closely correlated with MHN. These tickers have moved in lockstep 74% of the time. This A.I.-generated data suggests there is a high statistical probability that if BNY jumps, then MHN could also see price increases.