BlackRock Municipal Income Trust Shares Approach 52-Week High - Market Mover
The shares closed 1.9% below its 52-week high of $15.44, with trading volume lower than its 30 day average
Apr 08, 2021 by Kwhen Finance Editors
BlackRock Municipal Income Trust shares closed today at 1.9% below its 52 week high of $15.44, giving the company a market cap of $680M. The stock is currently down 0.7% year-to-date, up 21.6% over the past 12 months, and up 25.7% over the past five years. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.7%.
Trading Activity
- Trading volume this week was 46.7% lower than the 20-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 0.1.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
- MACD, a trend-following momentum indicator, indicates an upward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
- The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
- The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| BlackRock Municipal Income Trust | -0.2 | -0.7 | 21.6 | -1.4 | 33.4 |
| Dow Jones Industrial Average | -0.1 | 11.0 | 45.3 | -0.2 | 50.6 |
| S&P 500 Index | 0.0 | 10.4 | 50.3 | -0.2 | 53.8 |
| Technology Industry | -2.9 | -30.6 | -86.1 | -86.3 | 4.1 |
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