BGT Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

BlackRock Floating Rate Income Trust (BGT.N) Moving Averages Convergence Divergence (MACD) indicator is -0.14, suggesting BGT.N is Strong sell.

BlackRock Floating Rate Income Trust (BGT.N) 20-Day simple moving average is 11.87, while BlackRock Floating Rate Income Trust (BGT.N) share price is $11.34, making it Sell.

BlackRock Floating Rate Income Trust (BGT.N) 60-Day simple moving average is 12.37, while BlackRock Floating Rate Income Trust (BGT.N) share price is $11.34, making it Sell.

Technical Analysis for BGT

Technical Sentiment Analysis for BlackRock Floating Rate Income Trust (BGT) As of 2025-04-24, BlackRock Floating Rate Income Trust (BGT) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 2 indicators are flashing buy, while 11 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BGT stands at 51.65, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.14, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 82.04 and the Commodity Channel Index (CCI) at 34.45 further confirm a 0.24 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, BGT is trading below its 60-day moving average of $12.37 and below its 200-day long-term moving average of $12.48. Key price levels to watch include the immediate resistance at $12.11 and strong support at $11.5. A break above $12.11 could signal a bull continuation, while falling below $11.5 may test the next Fibonacci floor at $11.21.

BlackRock Floating Rate Income Trust (BGT) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	10.89	11.21	11.5	11.82	12.11	12.43	12.72
Fibonacci	11.21	11.44	11.59	11.82	12.05	12.2	12.43

BlackRock Floating Rate Income Trust (BGT) Technical Indicators

2025-04-24

Name	Value
RSI_14	51.65
STOCHk_14_3_3	82.04
STOCHd_14_3_3	73.95
CCI_20	34.45
AO_5_34	-0.32
MOM_10	0.24
MACD_12_26_9	-0.14

BlackRock Floating Rate Income Trust (BGT) Relative Strength Index (RSI) is 51.65, creating a Neutral signal.

BlackRock Floating Rate Income Trust (BGT) Stochastic Oscillator is 82.04, creating a Sell signal.

BlackRock Floating Rate Income Trust (BGT) Stochastic RSI is 73.95, creating a Neutral signal.

BlackRock Floating Rate Income Trust (BGT) Commodity Channel Index (CCI) is 34.45, creating a Neutral signal.

BlackRock Floating Rate Income Trust (BGT) Awesome Oscillator is -0.32, creating a Sell signal.

BlackRock Floating Rate Income Trust (BGT) Momentum is 0.24, creating a Buy signal.

BlackRock Floating Rate Income Trust (BGT) MACD is -0.14, creating a Sell signal.

BlackRock Floating Rate Income Trust (BGT) Moving Average

2025-04-24

Period	Simple	Signal
MA_5	11.81	Sell
MA_10	11.79	Sell
MA_20	11.87	Sell
MA_60	12.37	Sell
MA_200	12.48	Sell
MA_250	12.4	Sell

BlackRock Floating Rate Income Trust (BGT) 5-Day simple moving average is 11.81, while BlackRock Floating Rate Income Trust (BGT) share price is $11.34, making it a Sell.

BlackRock Floating Rate Income Trust (BGT) 10-Day simple moving average is 11.79, while BlackRock Floating Rate Income Trust (BGT) share price is $11.34, making it a Sell.

BlackRock Floating Rate Income Trust (BGT) 20-Day simple moving average is 11.87, while BlackRock Floating Rate Income Trust (BGT) share price is $11.34, making it a Sell.

BlackRock Floating Rate Income Trust (BGT) 60-Day simple moving average is 12.37, while BlackRock Floating Rate Income Trust (BGT) share price is $11.34, making it a Sell.

BlackRock Floating Rate Income Trust (BGT) 200-Day simple moving average is 12.48, while BlackRock Floating Rate Income Trust (BGT) share price is $11.34, making it a Sell.

BlackRock Floating Rate Income Trust (BGT) 250-Day simple moving average is 12.4, while BlackRock Floating Rate Income Trust (BGT) share price is $11.34, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for BGT?

The overall technical consensus for BlackRock Floating Rate Income Trust (BGT) is currently strong sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 2 buy signals and 5 sell signals.

What are the key support and resistance levels for BlackRock Floating Rate Income Trust (BGT) today?

Based on pivot point calculations, BlackRock Floating Rate Income Trust (BGT) has an immediate support level at 11.5 and a major resistance level at 12.11. Traders also monitor the pivot point at 11.82 to determine the intraday trend direction.

Is BlackRock Floating Rate Income Trust (BGT) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for BlackRock Floating Rate Income Trust (BGT) is currently 51.65. 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 Floating Rate Income Trust (BGT)?

BlackRock Floating Rate Income Trust (BGT) Moving Averages Convergence Divergence (MACD) indicator is -0.14, suggesting BGT is strong sell. This indicator helps identify potential trend reversals or momentum shifts for BlackRock Floating Rate Income Trust.

How is BlackRock Floating Rate Income Trust (BGT) performing relative to its 200-day moving average?

BlackRock Floating Rate Income Trust (BGT)is currently trading at $11.34, which is below its 200-day simple moving average of 12.48. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.