BAUSCH + LOMB CORP (BLCO) Stock Technical Analysis
NYSE:BLCO - CA0717051076 - Common Stock
14.94 USD
+0.44 (+3.03%)
14.94 USD
0 (0%)
Taking everything into account, BLCO scores 7 out of 10 in our technical rating. In the last year, BLCO was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
BLCO is part of the Health Care Equipment & Supplies industry. There are 185 other stocks in this industry. BLCO outperforms 74% of them.
In the last month BLCO has a been trading in the 13.09 - 15.13 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, BLCO turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
BLCO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BLCO is lagging the market.
Although BLCO has an excellent technical rating, it 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
12.40
15.10
We found 3 important support areas.
- A support zone ranging from 14.14 to 14.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 13.49 to 13.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.53 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.95 to 14.95. 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 | NEUTRAL | NEUTRAL | The long term trend for BLCO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLCO is up. |
| ChartMill Relative Strength | 68.69 | NEUTRAL | BLCO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLCO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLCO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BLCO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.33 | NEUTRAL | The RSI value for BLCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests BLCO has a positive trend. |
| Stochastics (14,3) | 77.94 | NEUTRAL | The Stochastics value for BLCO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for BLCO suggests some volalility. |
| Average Directional Index/ADX (14) | 34.5 | POSITIVE | The high ADX value value for BLCO suggests a strong 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)
14.94
+0.44 (+3.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg3.03%
1 Week2.68%
2 Weeks9.53%
1 Month4.33%
3 Month32.33%
6 Month-5.14%
12 Month-8.17%
2 Year-16.68%
3 Year0.4%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%3.62%
ATR Inc-0.5%
Range Today0.46
ADR(20)0.52
ADR(20)%3.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.69
Mansfield-1.38
10 Day High15.04
10 Day Low13.53
20 Day High15.13
20 Day Low13.09
52 Week High21.69
52 Week Low10.45
CS1 End14.32
CR1 Start14.95
Volume & EV
DER(3)0.47%
DER(5)-1.48%
Volume935.80K
Volume Incr-35.21%
Vol(5)669.84K
Vol(50)841.53K