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BMEZBlackRock Health Sciences Trust II

NYSEDaily chart
Range low retest · 24 Feb 2022

RangeStocks spotted a retest of a sideways range low in BMEZ on 24 Feb 2022.

Range low
$13.40
support
Range high
$15.00
12% above the low
In the range since
Apr 2025
-1152 days
Close on retest day
$19.57
46% above the range low
  • Previous range $14.38 – $16.47 lasted 1 yr 1 mo and broke downward at $13.40.
  • 4 sideways ranges found since 2022.
What is a range retest, and how do I read the chart?

A stock moves sideways between a floor (the range low) and a ceiling (the range high) for a long time. Then it drops below the floor, fails to climb back in, and returns to test that low again. Traders also call this a spring. Some springs mark the end of a decline; many don't.

On the chart, each candle is one trading day. The purple lines are the range the signal came from, and the green Retest label marks the day RangeStocks flagged. Tick “Show past sideways ranges” to see earlier ranges.

Daily chart

Sideways range history

RangeStartedEndedOutcomeRetests
21 Apr 2025Still open——
28 Mar 202421 Apr 2025 · 1 yr 1 moBroke below the range at $13.40—
4 May 20225 Oct 2023 · 1 yr 5 moBroke below the range at $13.76—
12 Jan 202215 Mar 2022 · 2 moBroke below the range at $17.61—

Retest signals

  • 24 Feb 2022 · 4 mo into the range

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.