BROMPTON NORTH AMER LOW VOL (BLOV.CA) Stock Technical Analysis
TSX:BLOV - Toronto Stock Exchange - CA11222V1004 - ETF - Currency: CAD
Overall BLOV gets a technical rating of 8 out of 10. Although BLOV is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: BLOV has an average volume of 241 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
BLOV is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BLOV is leading the market.
In the last month BLOV has a been trading in the 22.14 - 24.08 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, BLOV outperforms 67% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
BLOV has an excellent technical rating, but the quality of the setup is only medium 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
22.06
24.36
When analyzing the support we notice one important area.
- A support zone ranging from 22.28 to 23.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 24.12 to 24.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 BLOV.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLOV.CA is up. |
| ChartMill Relative Strength | 67.24 | NEUTRAL | BLOV.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLOV.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLOV.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BLOV.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.52 | NEUTRAL | The RSI value for BLOV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BLOV.CA has a positive trend. |
| Stochastics (14,3) | 90.72 | OVERBOUGHT | The high Stochastics value suggests BLOV.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for BLOV.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 4.19 | NEGATIVE | The low ADX value for BLOV.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)
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 |
|---|---|---|---|
| 24.13 | 22.13 | 2.00 (8.29%) | 12.06% |
| An entry @24.13. This is a Buy Stop order right above the resistance zone. | An exit @22.13. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.00 points, which is 8.29%. | When investing 12.06% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:BLOV (5/27/2025, 7:00:00 PM)
24.03
+0.33 (+1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.39%
1 Week-0.21%
2 Weeks3.22%
1 Month7.09%
3 Month3%
6 Month7.09%
12 Month18.73%
2 Year10.43%
3 Year-3.38%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%1.65%
ATR Inc-40.79%
Range Today0
ADR(20)0.05
ADR(20)%0.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.24
Mansfield-0.17
10 Day High24.08
10 Day Low22.14
20 Day High24.08
20 Day Low22.14
52 Week High24.12
52 Week Low0
CS1 End23.96
CR1 Start24.12
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr72.76%
Vol(5)480.8
Vol(50)241.5