(BNY) BlackRock New York - Ratings and Ratios

BlackRock New York Municipal Income Trust (BNY) is a closed-end fixed income mutual fund established on July 26, 2001, and managed by BlackRock Advisors, LLC. The fund is designed to generate tax-exempt income by primarily investing in investment-grade municipal bonds exempt from federal income taxes, as well as New York State and New York City personal income taxes. This focus allows the fund to capitalize on the tax advantages of municipal debt while maintaining a diversified portfolio of securities. The fund is domiciled in the United States and is listed on the NYSE under the ticker symbol BNY.

Based on the provided data, over the next three months, BNY is expected to maintain relative stability in price action. The SMA 20 (10.47) and SMA 50 (10.31) suggest a modest upward trend, with the SMA 200 (10.42) indicating longer-term stability near current levels. The ATR of 0.09 signals low volatility, implying minimal price fluctuations. Fundamentally, the P/B ratio of 0.87 suggests the stock may be undervalued relative to its book value, while the RoE of 4.77% indicates moderate profitability. Overall, BNY is expected to trade within a narrow range, with potential support near 10.31 and resistance near 10.58.