BLUEMETRIC ENVIRONMENTAL INC (BLM.CA) Stock Technical Analysis
Canada - TSX-V:BLM - CA0964271096 - Common Stock
Overall BLM gets a technical rating of 8 out of 10. Although BLM has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
BLM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 1.32, a Stop Loss order could be placed below this zone.
More info and screens
1.14
When analyzing the support we can see 5 important areas.
- A support zone ranging from 1.30 to 1.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.25 from a trend line in the daily time frame.
- A support zone ranging from 1.21 to 1.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.18 from a horizontal line in the daily time frame.
- Support @1.15 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @1.40 from a horizontal line in the weekly time frame.
- Resistance @1.43 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 | NEUTRAL | NEUTRAL | The long term trend for BLM.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLM.CA is up. |
| ChartMill Relative Strength | 80.45 | POSITIVE | BLM.CA has a high relative strength, it outperformed 80.45% 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) | 58.34 | NEUTRAL | The RSI value for BLM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BLM.CA has a positive trend. |
| Stochastics (14,3) | 70.97 | NEUTRAL | The Stochastics value for BLM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.94 | HIGH VOLATILITY | The high ATR as a percentage value for BLM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.22 | NEGATIVE | The low ADX value for BLM.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.41 | 1.29 | 0.12 (8.51%) | 11.75% |
| An entry @1.41. This is a Buy Stop order right above the resistance zone. | An exit @1.29. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.12 points, which is 8.51%. | For a 1.00% total portfolio risk, you can invest 11.75% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BLM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:BLM (10/24/2025, 7:00:00 PM)
1.39
-0.03 (-2.11%)
BLUEMETRIC ENVIRONMENTAL INC / BLM.CA FAQ
What is the technical rating for BLM stock?
ChartMill assigns a technical rating of 8 / 10 to BLM.CA.
What is the current trend direction of BLUEMETRIC ENVIRONMENTAL INC (BLM.CA) stock?
The current trend direction for BLUEMETRIC ENVIRONMENTAL INC (BLM.CA) is Bearish.
Can you provide the RSI signal for BLUEMETRIC ENVIRONMENTAL INC?
BLUEMETRIC ENVIRONMENTAL INC (BLM.CA) has an RSI value of 58.3356. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BLUEMETRIC ENVIRONMENTAL INC?
The MACD indicator for BLUEMETRIC ENVIRONMENTAL INC (BLM.CA) has a value of 0.0140477, indicating a bearish trend.
Can you provide the support and resistance levels for BLUEMETRIC ENVIRONMENTAL INC?
BLUEMETRIC ENVIRONMENTAL INC (BLM.CA) has a support level at 1.32 and a resistance level at 1.4. Check the full technical report for our detailed analysis of BLM.CA support and resistance levels.