BME Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Blackrock Health Sciences Trust (BME) Moving Averages Convergence Divergence (MACD) indicator is -0.6, suggesting BME is Buy.

Blackrock Health Sciences Trust (BME) 20-Day simple moving average is 36.47, while Blackrock Health Sciences Trust (BME) share price is $38.51, making it Buy.

Blackrock Health Sciences Trust (BME) 60-Day simple moving average is 38.35, while Blackrock Health Sciences Trust (BME) share price is $38.51, making it Buy.

Technical Analysis for BME

Technical Sentiment Analysis for Blackrock Health Sciences Trust (BME) As of 2025-04-24, Blackrock Health Sciences Trust (BME) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 7 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BME stands at 47.59, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.6, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 54.41 and the Commodity Channel Index (CCI) at -7.09 further confirm a 0.25 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, BME is trading below its 60-day moving average of $38.35 and below its 200-day long-term moving average of $38.74. Key price levels to watch include the immediate resistance at $37.05 and strong support at $34.39. A break above $37.05 could signal a bull continuation, while falling below $34.39 may test the next Fibonacci floor at $32.93.

Blackrock Health Sciences Trust (BME) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	31.73	32.93	34.39	35.59	37.05	38.25	39.71
Fibonacci	32.93	33.95	34.58	35.59	36.61	37.23	38.25

Blackrock Health Sciences Trust (BME) Technical Indicators

2025-04-24

Name	Value
RSI_14	47.59
STOCHk_14_3_3	54.41
STOCHd_14_3_3	46.39
CCI_20	-7.09
AO_5_34	-1.32
MOM_10	0.25
MACD_12_26_9	-0.6

Blackrock Health Sciences Trust (BME) Relative Strength Index (RSI) is 47.59, creating a Neutral signal.

Blackrock Health Sciences Trust (BME) Stochastic Oscillator is 54.41, creating a Neutral signal.

Blackrock Health Sciences Trust (BME) Stochastic RSI is 46.39, creating a Neutral signal.

Blackrock Health Sciences Trust (BME) Commodity Channel Index (CCI) is -7.09, creating a Neutral signal.

Blackrock Health Sciences Trust (BME) Awesome Oscillator is -1.32, creating a Sell signal.

Blackrock Health Sciences Trust (BME) Momentum is 0.25, creating a Buy signal.

Blackrock Health Sciences Trust (BME) MACD is -0.6, creating a Sell signal.

Blackrock Health Sciences Trust (BME) Moving Average

2025-04-24

Period	Simple	Signal
MA_5	36.03	Buy
MA_10	35.85	Buy
MA_20	36.47	Buy
MA_60	38.35	Buy
MA_200	38.74	Sell
MA_250	38.49	Buy

Blackrock Health Sciences Trust (BME) 5-Day simple moving average is 36.03, while Blackrock Health Sciences Trust (BME) share price is $38.51, making it a Buy.

Blackrock Health Sciences Trust (BME) 10-Day simple moving average is 35.85, while Blackrock Health Sciences Trust (BME) share price is $38.51, making it a Buy.

Blackrock Health Sciences Trust (BME) 20-Day simple moving average is 36.47, while Blackrock Health Sciences Trust (BME) share price is $38.51, making it a Buy.

Blackrock Health Sciences Trust (BME) 60-Day simple moving average is 38.35, while Blackrock Health Sciences Trust (BME) share price is $38.51, making it a Buy.

Blackrock Health Sciences Trust (BME) 200-Day simple moving average is 38.74, while Blackrock Health Sciences Trust (BME) share price is $38.51, making it a Sell.

Blackrock Health Sciences Trust (BME) 250-Day simple moving average is 38.49, while Blackrock Health Sciences Trust (BME) share price is $38.51, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for BME?

The overall technical consensus for Blackrock Health Sciences Trust (BME) is currently Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 2 buy signals and 3 sell signals.

What are the key support and resistance levels for Blackrock Health Sciences Trust (BME) today?

Based on pivot point calculations, Blackrock Health Sciences Trust (BME) has an immediate support level at 34.39 and a major resistance level at 37.05. Traders also monitor the pivot point at 35.59 to determine the intraday trend direction.

Is Blackrock Health Sciences Trust (BME) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Blackrock Health Sciences Trust (BME) is currently 47.59. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Blackrock Health Sciences Trust (BME)?

Blackrock Health Sciences Trust (BME) Moving Averages Convergence Divergence (MACD) indicator is -0.6, suggesting BME is Buy. This indicator helps identify potential trend reversals or momentum shifts for Blackrock Health Sciences Trust.

How is Blackrock Health Sciences Trust (BME) performing relative to its 200-day moving average?

Blackrock Health Sciences Trust (BME) is currently trading at $38.51, which is below its 200-day simple moving average of 38.74. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.