BAUSCH + LOMB CORP (BLCO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BLCO - CA0717051076 - Common Stock
We assign a technical rating of 8 out of 10 to BLCO. Although BLCO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although BLCO has an excellent technical rating, the quality of the presented setup is not ideal 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
14.30
4 important support areas can be observed.
- A support zone ranging from 16.82 to 16.93. 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 15.57 to 15.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.98 to 15.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.44 to 14.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.00 to 17.27. 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 | UP | POSITIVE | The long term trend for BLCO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLCO is up. |
| ChartMill Relative Strength | 51.09 | 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) | UP | POSITIVE | The current price of BLCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.14 | NEUTRAL | The RSI value for BLCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests BLCO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.62 | NEUTRAL | The Stochastics value for BLCO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for BLCO suggests some volalility. |
| Average Directional Index/ADX (14) | 32.02 | POSITIVE | The high ADX value value for BLCO suggests a strong trend. |
16.99
-0.28 (-1.62%)
BAUSCH + LOMB CORP / BLCO FAQ
What is the technical rating for BLCO stock?
ChartMill assigns a technical rating of 8 / 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 61.1434. 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 positive.
What is the support and resistance level for BLCO stock?
BAUSCH + LOMB CORP (BLCO) has a support level at 16.93 and a resistance level at 17. Check the full technical report for our detailed analysis of BLCO support and resistance levels.