BAUSCH + LOMB CORP (BLCO) Technical Analysis
NYSE:BLCO • CA0717051076
Current stock price
BLCO Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to BLCO. Although BLCO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Looking at the yearly performance, BLCO did better than 71% of all other stocks. On top of that, BLCO also shows a nice and consistent pattern of rising prices.
- BLCO is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 82% of 188 stocks in the same industry.
- BLCO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BLCO is performing more or less in line with the market.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month BLCO has a been trading in the 15.14 - 17.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BLCO Weekly and Daily overview Charts
BLCO Setup Rating and Analysis
BLCO has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
BLCO Support and Resistance Analysis
14.30
3 important support areas can be observed.
- A support zone ranging from 15.26 to 15.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.94 from a horizontal line in the daily time frame.
- Support @14.44 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 18.14 to 18.30. This zone is formed by a combination of multiple trend lines in the weekly time frame.
BLCO Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for BLCO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BLCO is neutral. |
| ChartMill Relative Strength | 71.94 | POSITIVE | BLCO has a high relative strength, it outperformed 71.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BLCO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BLCO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BLCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50 | NEUTRAL | The RSI value for BLCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests BLCO has a positive trend. |
| Stochastics (14,3) | 68.48 | NEUTRAL | The Stochastics value for BLCO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for BLCO suggests some volalility. |
| Average Directional Index/ADX (14) | 25.83 | POSITIVE | The high ADX value value for BLCO suggests a strong trend. |
BLCO Chart- and CandleStick Pattern Analysis
BLCO Technicals: Chart, Performance Metrics, Trend & Indicators
16.49
-0.19 (-1.14%)
BAUSCH + LOMB CORP / BLCO TA FAQ
What is the technical rating for BLCO stock?
ChartMill assigns a technical rating of 4 / 10 to BLCO.
What is the current trend direction of BAUSCH + LOMB CORP (BLCO) stock?
The current trend direction for BAUSCH + LOMB CORP (BLCO) is Bearish.
What is the RSI signal for BLCO stock?
BAUSCH + LOMB CORP (BLCO) has an RSI value of 49.9997. This indicates that the stock is currently neutral.
What is the short term momentum for BLCO stock?
The short term momentum for BAUSCH + LOMB CORP (BLCO) is neutral.
What are the support and resistance levels for BAUSCH + LOMB CORP (BLCO) stock?
BAUSCH + LOMB CORP (BLCO) has a support level at 15.37 and a resistance level at 18.14. Check the full technical report for our detailed analysis of BLCO support and resistance levels.