BAUSCH + LOMB CORP (BLCO.CA) Stock Technical Analysis
TSX:BLCO - Toronto Stock Exchange - CA0717051076 - Common Stock - Currency: CAD
Overall BLCO gets a technical rating of 4 out of 10. In the past year, BLCO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, BLCO is a bad performer in the overall market: 66% of all stocks are doing better.
BLCO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: BLCO has an average volume of 4630 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 15.69 - 19.03 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
BLCO is part of the Health Care Equipment & Supplies industry. There are 15 other stocks in this industry, BLCO did better than 64% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BLCO has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
15.82
19.14
We found 1 important support area.
- Support @15.98 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 18.95 to 18.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for BLCO.CA is up. |
| ChartMill Relative Strength | 34.06 | NEUTRAL | BLCO.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLCO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLCO.CA is above the rising 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) | 69.66 | NEUTRAL | The RSI value for BLCO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests BLCO.CA has a positive trend. |
| Stochastics (14,3) | 97.94 | OVERBOUGHT | The high Stochastics value suggests BLCO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for BLCO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.77 | NEGATIVE | The low ADX value for BLCO.CA suggests a weak or negative 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 (7/4/2025, 7:00:00 PM)
18.94
+0.06 (+0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.32%
1 Week14.17%
2 Weeks20.1%
1 Month19.95%
3 Month10.44%
6 Month-26.13%
12 Month-5.3%
2 Year-27.74%
3 Year-4.54%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%2.58%
ATR Inc-47.19%
Range Today0.14
ADR(20)0.39
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.06
Mansfield-2.21
10 Day High19.03
10 Day Low15.73
20 Day High19.03
20 Day Low15.69
52 Week High29.37
52 Week Low14.56
CS1 End15.98
CR1 Start18.95
Volume & EV
DER(3)0%
DER(5)0%
Volume1.38K
Volume Incr-63.93%
Vol(5)1.73K
Vol(50)4.63K