BLUEMETRIC ENVIRONMENTAL INC (BLM.CA) Stock Technical Analysis
Canada - TSX-V:BLM - CA0964271096 - Common Stock
Taking everything into account, BLM scores 9 out of 10 in our technical rating. BLM has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although BLM has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.17
3 important support areas can be observed.
- Support @1.29 from a trend line in the daily time frame.
- Support @1.21 from a horizontal line in the daily time frame.
- Support @1.18 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.56 to 1.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.59 to 1.62. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for BLM.CA is neutral. |
| ChartMill Relative Strength | 82.53 | POSITIVE | BLM.CA has a high relative strength, it outperformed 82.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BLM.CA is below 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) | 46.12 | 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. |
| Stochastics (14,3) | 42.62 | NEUTRAL | The Stochastics value for BLM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.75 | HIGH VOLATILITY | The high ATR as a percentage value for BLM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.89 | NEUTRAL | The ADX value for BLM.CA suggests a possible start of a new trend. |
TSX-V:BLM (11/14/2025, 7:00:00 PM)
1.43
-0.1 (-6.54%)
BLUEMETRIC ENVIRONMENTAL INC / BLM.CA FAQ
What is the technical rating for BLM stock?
ChartMill assigns a technical rating of 9 / 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 Bullish.
Can you provide the RSI signal for BLUEMETRIC ENVIRONMENTAL INC?
BLUEMETRIC ENVIRONMENTAL INC (BLM.CA) has an RSI value of 46.1192. 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 -0.0108129, 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 1.29 and a resistance level at 1.56. Check the full technical report for our detailed analysis of BLM.CA support and resistance levels.