FRA Blackrock Floating Rate Income Strategies Fund Forecast, Technical & Fundamental Analysis
Blackrock Floating Rate Inc Stra Fd Inc is a United States-based diversified closed-ended management investment company... Show more
FRA in +0.65% Uptrend, growing for three consecutive days on June 13, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where FRA advanced for three days, in of 336 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on May 29, 2025. You may want to consider a long position or call options on FRA as a result. In of 93 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for FRA just turned positive on May 29, 2025. Looking at past instances where FRA's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 387 cases where FRA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FRA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
FRA broke above its upper Bollinger Band on May 12, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| GTLSX | 13.77 | -0.13 | -0.94% |
| Glenmede Long/Short Eq Ptf Instl Shrs | |||
| OEICX | 88.65 | -1.00 | -1.12% |
| JPMorgan Equity Index C | |||
| MBCNX | 15.98 | -0.20 | -1.24% |
| MassMutual Blue Chip Growth R3 | |||
| WISGX | 20.66 | -0.33 | -1.57% |
| Segall Bryant & Hamill Small Cap GrInstl | |||
| GTTRX | 29.13 | -0.52 | -1.75% |
| Goldman Sachs Small Cp Val Insghts R | |||
FRA and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FRA has been closely correlated with JFR. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if FRA jumps, then JFR could also see price increases.
| Ticker / NAME | Correlation To FRA | 1D Price Change % | ||
|---|---|---|---|---|
| FRA | 100% | +0.11% | ||
| JFR - FRA | 75% Closely correlated | -0.42% | ||
| SRLN - FRA | 66% Loosely correlated | -0.10% | ||
| BKLN - FRA | 63% Loosely correlated | -0.19% | ||
| FTSL - FRA | 60% Loosely correlated | +0.02% | ||
| OXLC - FRA | 54% Loosely correlated | N/A | ||
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