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 downward trend: price dove below 50-day moving average on July 03, 2025
BNY moved below its 50-day moving average on July 03, 2025 date and that indicates a change from an upward trend to a downward trend. In of 27 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for BNY turned negative on July 11, 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 42 similar instances when the indicator turned negative. In of the 42 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 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 July 01, 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.
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The Momentum Indicator moved above the 0 level on July 07, 2025. You may want to consider a long position or call options on BNY as a result. In of 70 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 BNY advanced for three days, in of 284 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 207 cases where BNY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend 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 MYN. These tickers have moved in lockstep 79% of the time. This A.I.-generated data suggests there is a high statistical probability that if BNY jumps, then MYN could also see price increases.