REPORTING FOR 2019-10-18 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how BBN has been trading over the last 2 weeks and the past day especially. On its latest session, BalckRock Taxable Municipal Bond Trust ($BBN) opened at 23.57, reaching a high of 23.6955 and a low of 23.5121 before closing at a price of 23.665. There was a total volume of 115891.
VOLUME INDICATORS FOR BALCKROCK TAXABLE MUNICIPAL BOND TRUST ($BBN): We saw an accumulation-distribution index of 334.39691, an on-balance volume of -23.68, chaikin money flow of 1.92271 and a force index of 0.03099. There was an ease of movement rating of -0.00036, a volume-price trend of -0.54596 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR BALCKROCK TAXABLE MUNICIPAL BOND TRUST ($BBN): We noted an average true range of 0.1215, bolinger bands of 23.52316, an upper bollinger band of 23.48894, lower bollinger band of 23.5121, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 23.59253, high band keltner channel of 23.46703, low band keltner channel of 23.71803, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 23.5121, a donchian channel low band of 23.5121, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR BALCKROCK TAXABLE MUNICIPAL BOND TRUST ($BBN): We calculated a Moving Average Convergence Divergence (MACD) of -0.00027, a MACD signal of -0.00015, a MACD difference of -0.00012, a fast Exponential Moving Average (EMA) indicator of 23.5121, a slow Exponential Moving Average (EMA) indicator of 23.5121, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.50129, a trix of -2.58918, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 0.54816, a KST Oscillator (KST) of -22.78276 and a KST Oscillator (KST Signal) of -22.78276 (leaving a KST difference of -0.12573). We also found an Ichimoku rating of 23.63275, an Ichimoku B rating of 23.63275, a Ichimoku visual trend A of 24.24752, an Ichimoku visual trend B of 24.41004, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.
MOMENTUM INDICATORS FOR BALCKROCK TAXABLE MUNICIPAL BOND TRUST ($BBN): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 33.63621, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -50.27977, a stochastic oscillator of 146.13546, a stochastic oscillator signal of 146.13546, a Williams %R rating of 46.13546 and an awesome oscillator of 0.08238.
RETURNS FOR BALCKROCK TAXABLE MUNICIPAL BOND TRUST ($BBN): There was a daily return of -2.27828, a daily log return of -0.05148 and a cumulative return of -0.05146.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-18 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for BalckRock Taxable Municipal Bond Trust ($BBN)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling BalckRock Taxable Municipal Bond Trust ($BBN) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.