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Shares of BTA Up 25.2% Since Uptrend Call on Shares
Jan 31, 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 21 months, Blackrock Long-Term Municipal Advantage Trust has returned 25.16% as of today's recent price of $13.06.
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 $13.06, 16% above that low. The 200-day and 50-day moving averages have moved 0.10% higher and 0.06% higher 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
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