How Analysts Feel About BlackRock Science and Technology Trust (BST) After Forming Bullish Multiple Top?

September 8, 2018 - By Ash Maslow

The stock of BlackRock Science and Technology Trust (BST) shows a multiple tops pattern with $35.14 target or 3.00 % above today’s $34.12 share price. The 8 months chart pattern indicates low risk for the $ company. It was reported on Sep, 8 by Finviz.com. If the $35.14 price target is reached, the company will be worth $ more.
Multiple tops are chart patterns with decent performance in a bull market. The failure rate is higher but the average decline is reasonable. Back-tests of such patterns show that the break even failure rate is 10%, the average rise: 19%, the throwback rate: 61% and the percentage of stocks meeting their price targets: 40%.

The stock increased 0.06% or $0.02 during the last trading session, reaching $34.12. About 57,002 shares traded. BlackRock Science and Technology Trust (NYSE:BST) has risen 46.32% since September 8, 2017 and is uptrending. It has outperformed by 33.75% the S&P500.

Another recent and important BlackRock Science and Technology Trust (NYSE:BST) news was published by Etfdailynews.com which published an article titled: “How To Know When To Sell CEFs” on August 31, 2018.

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