BLUEMONTE LARGE CAP GROW ETF (BLGR) Stock Technical Analysis
NYSEARCA:BLGR - NYSE Arca - US3015054188 - ETF - Currency: USD
Taking everything into account, BLGR scores 4 out of 10 in our technical rating. BLGR has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
BLGR has an average technical rating and the quality of the presented setup is also 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.
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26.30
When analyzing the support we notice one important area.
- A support zone ranging from 26.57 to 27.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 27.30 to 27.30. 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 BLGR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLGR is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BLGR has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLGR is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 63.15 | NEUTRAL | The RSI value for BLGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.76 | NEGATIVE | The MACD value suggests BLGR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 69.52 | NEUTRAL | The Stochastics value for BLGR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.88 | LOW VOLATILITY | The low ATR as a percentage value for BLGR suggests low volalility. |
| Average Directional Index/ADX (14) | 34.18 | POSITIVE | The high ADX value value for BLGR suggests a strong trend. |
NYSEARCA:BLGR (8/8/2025, 8:21:11 PM)
27.2949
+0.23 (+0.84%)