
USA - NYSEARCA:BLGR - US3015054188 - ETF
We assign a technical rating of 5 out of 10 to BLGR. 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.
Although the technical rating is only medium, BLGR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 29.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.90, a Stop Loss order could be placed below this zone.
25.91
We found 2 important support areas.
When analyzing the resistance we notice one important area.
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). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLGR is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 61.05 | NEUTRAL | The RSI value for BLGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BLGR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 74.59 | NEUTRAL | The Stochastics value for BLGR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.07 | LOW VOLATILITY | The low ATR as a percentage value for BLGR suggests low volalility. |
| Average Directional Index/ADX (14) | 16.36 | NEGATIVE | The low ADX value for BLGR suggests a weak or negative trend. |
NYSEARCA:BLGR (10/24/2025, 8:11:07 PM)
29.1878
+0.29 (+1%)
ChartMill assigns a technical rating of 5 / 10 to BLGR.
The current trend direction for BLUEMONTE LARGE CAP GROW ETF (BLGR) is Bullish.
BLUEMONTE LARGE CAP GROW ETF (BLGR) has an RSI value of 61.0518. This indicates that the stock is currently neutral.
The short term momentum for BLUEMONTE LARGE CAP GROW ETF (BLGR) is positive.
The buy/sell signal for BLUEMONTE LARGE CAP GROW ETF (BLGR) is buy as both the short term and long term trends are positive.