BLUEMETRIC ENVIRONMENTAL INC (BLM.CA) Stock Technical Analysis
TSX-V:BLM - CA0964271096 - Common Stock
1.24 CAD
+0.04 (+3.33%)
Overall BLM gets a technical rating of 4 out of 10. Although BLM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month BLM has a been trading in the 1.18 - 1.44 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
When comparing the yearly performance of all stocks, we notice that BLM is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, BLM also shows a nice and consistent pattern of rising prices.
BLM is part of the Commercial Services & Supplies industry. There are 23 other stocks in this industry. BLM outperforms 95% of them.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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.
BLM has an average technical rating and also the quality of the setup is only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.18
1.64
We found 1 important support area.
- Support @1.19 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.42 to 1.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.51 from a trend line in the daily time frame.
- 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 | 91.31 | POSITIVE | BLM.CA has a high relative strength, it outperformed 91.31% off all stocks 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 | POSITIVE | The current price of BLM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.37 | 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) | 12.33 | OVERSOLD | The low Stochastics value suggests BLM.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.48 | HIGH VOLATILITY | The high ATR as a percentage value for BLM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.37 | NEGATIVE | The low ADX value for BLM.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX-V:BLM (8/22/2025, 7:00:00 PM)
1.24
+0.04 (+3.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg3.33%
1 Week-8.15%
2 Weeks-4.62%
1 Month-12.68%
3 Month-13.29%
6 Month27.84%
12 Month163.83%
2 Year287.5%
3 Year254.29%
5 Year726.67%
10 Year520%
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%5.48%
ATR Inc-23%
Range Today0.04
ADR(20)0.06
ADR(20)%4.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.31
Mansfield0.71
10 Day High1.43
10 Day Low1.18
20 Day High1.44
20 Day Low1.18
52 Week High1.75
52 Week Low0.48
CS1 End1.19
CR1 Start1.42
Volume & EV
DER(3)-4.46%
DER(5)-8.29%
Volume70.03K
Volume Incr-52.85%
Vol(5)60.65K
Vol(50)83.37K