BLUEMETRIC ENVIRONMENTAL INC (BLM.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:BLM - CA0964271096 - Common Stock
Overall BLM gets a technical rating of 10 out of 10. Both in the recent history as in the last year, BLM has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although BLM 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
1.14
We found 4 important support areas.
- Support @1.57 from a trend line in the daily time frame.
- A support zone ranging from 1.34 to 1.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.21 from a trend line in the daily time frame.
- Support @1.15 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.62 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 BLM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLM.CA is up. |
| ChartMill Relative Strength | 81.45 | POSITIVE | BLM.CA has a high relative strength, it outperformed 81.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BLM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.01 | NEUTRAL | The RSI value for BLM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BLM.CA has a positive trend. |
| Stochastics (14,3) | 97.78 | OVERBOUGHT | The high Stochastics value suggests BLM.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.75 | MEDIUM VOLATILITY | The ATR as a percentage value for BLM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.94 | NEUTRAL | The ADX value for BLM.CA suggests a possible start of a new trend. |
TSX-V:BLM (12/31/2025, 7:00:00 PM)
1.57
-0.01 (-0.63%)
BLUEMETRIC ENVIRONMENTAL INC / BLM.CA FAQ
What is the technical rating for BLM stock?
ChartMill assigns a technical rating of 10 / 10 to BLM.CA.
Can you provide the trend direction for BLUEMETRIC ENVIRONMENTAL INC?
The current trend direction for BLUEMETRIC ENVIRONMENTAL INC (BLM.CA) is Bullish.
What is the RSI signal for BLUEMETRIC ENVIRONMENTAL INC (BLM.CA) stock?
BLUEMETRIC ENVIRONMENTAL INC (BLM.CA) has an RSI value of 68.0086. This indicates that the stock is currently neutral.
What is the short term momentum for BLUEMETRIC ENVIRONMENTAL INC (BLM.CA) stock?
The short term momentum for BLUEMETRIC ENVIRONMENTAL INC (BLM.CA) is positive.
What is the buy/sell signal for BLM stock?
The buy/sell signal for BLUEMETRIC ENVIRONMENTAL INC (BLM.CA) is buy as both the short term and long term trends are positive.