BLUENERGIES LTD (BLU.CA) Stock Technical Analysis
TSX:BLU - Toronto Stock Exchange - CA0959221007 - Common Stock - Currency: CAD
We assign a technical rating of 4 out of 10 to BLU. BLU has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, BLU is a bad performer in the overall market: 100% of all stocks are doing better.
BLU is one of the lesser performing stocks in the Biotechnology industry. 100% of 24 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month BLU has a been trading in the 0.43 - 0.60 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BLU has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.59
0.61
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 BLU.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLU.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BLU.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLU.CA is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 67.02 | NEUTRAL | The RSI value for BLU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BLU.CA has a positive trend. |
| Stochastics (14,3) | 86.27 | OVERBOUGHT | The high Stochastics value suggests BLU.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.49 | MEDIUM VOLATILITY | The ATR as a percentage value for BLU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.08 | POSITIVE | The high ADX value value for BLU.CA suggests a strong 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:BLU (8/18/2025, 7:00:00 PM)
0.6
+0.05 (+9.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg9.09%
1 Week34.88%
2 Weeks23.4%
1 Month23.4%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%3.49%
ATR Inc111.32%
Range Today0
ADR(20)0.01
ADR(20)%1.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.6
10 Day Low0.43
20 Day High0.6
20 Day Low0.43
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-16.87%
DER(5)-29.81%
Volume574
Volume Incr3.1%
Vol(5)9.43K
Vol(50)N/A