BLUEMETRIC ENVIRONMENTAL INC (BLM.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:BLM • CA0964271096
We assign a technical rating of 1 out of 10 to BLM. BLM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month BLM has a been trading in the 1.28 - 1.53 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, BLM turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
- BLM is an average performer in the Commercial Services & Supplies industry, it outperforms 65% of 24 stocks in the same industry.
- BLM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BLM is lagging the market.
Although the technical rating is bad, BLM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for BLM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.19
We found 1 important support area.
- Support @1.20 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.35 to 1.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.40 to 1.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.54 to 1.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for BLM.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BLM.CA is down. |
| ChartMill Relative Strength | 57.36 | NEUTRAL | BLM.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BLM.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BLM.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.17 | NEUTRAL | The RSI value for BLM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BLM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.12 | OVERSOLD | The low Stochastics value suggests BLM.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.88 | HIGH VOLATILITY | The high ATR as a percentage value for BLM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 31.69 | POSITIVE | The high ADX value value for BLM.CA suggests a strong trend. |
TSX-V:BLM (2/6/2026, 7:00:00 PM)
1.3
+0.02 (+1.56%)
BLUEMETRIC ENVIRONMENTAL INC / BLM.CA FAQ
What is the technical rating for BLM stock?
ChartMill assigns a technical rating of 1 / 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 Bearish.
What is the RSI signal for BLUEMETRIC ENVIRONMENTAL INC (BLM.CA) stock?
BLUEMETRIC ENVIRONMENTAL INC (BLM.CA) has an RSI value of 37.1663. 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 negative.