Financial Technology

Financial Technology - INDUSTRY NEWS

Share

TMCNet:  Uptrend Call Working As Blackrock Long-Term Municipal Advantage Trust Stock Rises 23.1% (BTA)

[January 02, 2013]

Uptrend Call Working As Blackrock Long-Term Municipal Advantage Trust Stock Rises 23.1% (BTA)

Jan 02, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Blackrock Long-Term Municipal Advantage Trust (NYSE:BTA) on May 3rd, 2011 at $10.44. In approximately 20 months, Blackrock Long-Term Municipal Advantage Trust has returned 23.14% as of today's recent price of $12.85.
Story continues below ↓

Over the past year, Blackrock Long-Term Municipal Advantage Trust has traded in a range of $11.25 to $13.59 and is now at $12.85, 14% above that low. The 200-day and 50-day moving averages have moved 0.04% higher and 0.18% lower over the past week, respectively.

BlackRock Long-Term Municipal Advantage Trust is a non-diversified, closed-end management investment company ncorporated in the USA. The Fund's objective is to provide current income exempt from regular Federal income tax. The Fund will invest at least 80% of its total assets in municipal bonds, municipal securities and derivative instruments.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Blackrock Long-Term Municipal Advantage Trust shares.Log in and add Blackrock Long-Term Municipal Advantage Trust (BTA) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

[ Back To Financial Technology's Homepage ]