BlackRock Health's 15min chart shows RSI Overbought, Bearish Marubozu pattern.

BlackRock Health's 15-minute chart has reached an overbought RSI and a bearish Marubozu pattern as of May 2, 2025 at 10:00. This suggests that the stock price has risen too quickly and is unsupported by fundamental values, leading to a market controlled by sellers and a likely continuation of bearish momentum.

BlackRock has announced the estimated distributions for several of its closed-end funds for April 2025. The funds, which include BlackRock Resources & Commodities Strategy Trust (BCX), BlackRock Enhanced Equity Dividend Trust (BDJ), and others, have adopted managed distribution plans to support a level monthly distribution of income, capital gains, and/or return of capital [1].

The estimated distributions per share for April 30, 2025, are as follows:

- BCX: $0.0697
- BDJ: $0.0619
- BGR: $0.0973
- BGY: $0.0426
- BME: $0.2621
- BMEZ: $0.173970
- BOE: $0.0827
- BUI: $0.1360
- CII: $0.1410
- BST: $0.2500
- BSTZ: $0.221810
- BTX: $0.084470
- BCAT: $0.284750
- ECAT: $0.303590

These distributions are estimated to be sourced from net income, short-term capital gains, long-term capital gains, and return of capital. For instance, BCX's distribution is estimated to be 79% return of capital, while BSTZ's distribution is 100% return of capital [1].

The funds have also provided estimates for the fiscal year through April 30, 2025, which show that some funds, such as BSTZ, BTX, and BCAT, are expected to distribute more than their income and net-realized capital gains, potentially including a return of capital [1].

References:
[1] https://quantisnow.com/insight/certain-blackrock-closedend-funds-announce-estimated-sources-of-distributions-6011510