Blackrock Floating Rate Income Strategies Fund (FRA) Technical Analysis: Signals, Charts & Indicators

4.05 / 10

Netural

Technical assessment yields 4.05/10, neutral. Bullish Engulfing, MACD Death Cross and Hanging Man show decent upside, yet RSI Overbought, Inverted Hammer and MACD Golden Cross signal bearish pressure. Overall pattern suggests volatility without clear direction.

Analysis Checks(3/7)

RSI Overbought

Score1/10

Win Rate25.00%

Hist. Signals12

Avg Return-1.06%

MACD Death Cross

Score5.75/10

Win Rate57.14%

Hist. Signals7

Avg Return0.88%

MACD Golden Cross

Score2.73/10

Win Rate44.44%

Hist. Signals9

Avg Return-0.26%

Inverted Hammer

Score1/10

Win Rate0.00%

Hist. Signals2

Avg Return-0.36%

Bullish Engulfing

Score7.36/10

Win Rate75.00%

Hist. Signals4

Avg Return0.46%

Marubozu White

Score3.08/10

Win Rate45.45%

Hist. Signals11

Avg Return0.26%

Hanging Man

Score7.4/10

Win Rate71.43%

Hist. Signals7

Avg Return0.34%

Technical Analysis of FRA?

FRA presents a Netural setup with a Technical Score of 4.05/10. Key technical indicators highlight an RSI of 50.29 and a MACD of 0.08, with the trend anchored by the 50-Day SMA at 11.30. Traders should monitor key support at 10.75 and resistance at 11.16.