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 may jump up because it broke its lower Bollinger Band on July 23, 2025
BNY 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 37 cases where BNY'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 RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where BNY's RSI Oscillator 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 August 01, 2025. You may want to consider a long position or call options on BNY as a result. In of 74 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 04, 2025. Looking at past instances where BNY's MACD turned positive, the stock continued to rise in of 41 cases 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 276 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 205 cases where BNY 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 Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
BNY moved below its 50-day moving average on July 16, 2025 date and that indicates a change from an upward trend to a downward trend.
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 .
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General Information
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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 75% 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.