BAUSCH + LOMB CORP (BLCO) Stock Technical Analysis
USA - NYSE:BLCO - CA0717051076 - Common Stock
Overall BLCO gets a technical rating of 5 out of 10. In the last year, BLCO was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
Although the technical rating is only medium, BLCO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 14.85, a Stop Loss order could be placed below this zone. 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
14.17
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.70 to 14.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.31 to 14.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 15.45 to 15.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.10 from a horizontal 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 | UP | POSITIVE | The long term trend for BLCO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BLCO is neutral. |
| ChartMill Relative Strength | 20.09 | NEGATIVE | BLCO has a low relative strength, it was outperformed by 79.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLCO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BLCO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BLCO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.91 | NEUTRAL | The RSI value for BLCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BLCO has a negative trend. |
| Stochastics (14,3) | 47.72 | NEUTRAL | The Stochastics value for BLCO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for BLCO suggests some volalility. |
| Average Directional Index/ADX (14) | 17.26 | NEGATIVE | The low ADX value for BLCO suggests a weak or negative trend. |
14.94
-0.2 (-1.32%)
BAUSCH + LOMB CORP / BLCO FAQ
What is the technical rating for BLCO stock?
ChartMill assigns a technical rating of 5 / 10 to BLCO.
What is the trend direction for BLCO stock?
The current trend direction for BAUSCH + LOMB CORP (BLCO) is Bullish.
Can you provide the RSI signal for BAUSCH + LOMB CORP?
BAUSCH + LOMB CORP (BLCO) has an RSI value of 46.9088. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BAUSCH + LOMB CORP?
The short term momentum for BAUSCH + LOMB CORP (BLCO) is neutral.
What is the support and resistance level for BLCO stock?
BAUSCH + LOMB CORP (BLCO) has a support level at 14.85 and a resistance level at 15.45. Check the full technical report for our detailed analysis of BLCO support and resistance levels.