BAUSCH + LOMB CORP (BLCO.CA) Stock Technical Analysis
TSX:BLCO - Toronto Stock Exchange - CA0717051076 - Common Stock - Currency: CAD
Taking everything into account, BLCO scores 0 out of 10 in our technical rating. BLCO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
92% of all other stocks performed better in the past year than BLCO.
BLCO is part of the Health Care Equipment & Supplies industry. There are 14 other stocks in this industry, of which 69% are performing better than BLCO.
BLCO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BLCO is lagging the market.
Warning: BLCO has an average volume of 4047 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month BLCO has a been trading in the 14.64 - 16.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, BLCO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for BLCO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
15.06
18.72
3 important resistance areas can be observed.
- A resistance zone ranging from 15.74 to 15.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @16.94 from a horizontal line in the daily time frame.
- Resistance @18.53 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BLCO.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BLCO.CA is down. |
| ChartMill Relative Strength | 8.86 | NEGATIVE | BLCO.CA has a low relative strength, it was outperformed by 91.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLCO.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BLCO.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BLCO.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.9 | NEUTRAL | The RSI value for BLCO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests BLCO.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 26.47 | NEUTRAL | The Stochastics value for BLCO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.03 | HIGH VOLATILITY | The high ATR as a percentage value for BLCO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.83 | NEUTRAL | The ADX value for BLCO.CA suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:BLCO (6/2/2025, 7:00:00 PM)
15.21
-0.46 (-2.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-2.94%
1 Week-1.81%
2 Weeks-6.52%
1 Month-4.76%
3 Month-34.24%
6 Month-46.41%
12 Month-27.98%
2 Year-42.65%
3 Year-23.34%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.78
ATR(20)%5.03%
ATR Inc-20.78%
Range Today0.59
ADR(20)0.54
ADR(20)%3.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.86
Mansfield-3.51
10 Day High16.94
10 Day Low15.21
20 Day High16.95
20 Day Low14.64
52 Week High29.37
52 Week Low14.56
CS1 EndN/A
CR1 Start15.74
Volume & EV
DER(3)3.52%
DER(5)2.82%
Volume2.30K
Volume Incr1.67%
Vol(5)5.21K
Vol(50)4.05K