BLUENERGIES LTD (BLU.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:BLU - CA0959221007 - Common Stock
We assign a technical rating of 6 out of 10 to BLU. In the last year, BLU was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
BLU has an average technical rating and it also does not offer a high quality setup 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
0.89
When analyzing the support we notice one important area.
- A support zone ranging from 0.90 to 0.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 1.00 to 1.01. This zone is formed by a combination of multiple trend lines and important moving averages 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 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). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BLU.CA is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 52.41 | 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) | 65.14 | NEUTRAL | The Stochastics value for BLU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.05 | HIGH VOLATILITY | The high ATR as a percentage value for BLU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.93 | NEGATIVE | The low ADX value for BLU.CA suggests a weak or negative trend. |
TSX:BLU (12/4/2025, 7:00:00 PM)
1
0 (0%)
BLUENERGIES LTD / BLU.CA FAQ
Can you provide the ChartMill technical rating for BLUENERGIES LTD?
ChartMill assigns a technical rating of 6 / 10 to BLU.CA.
Can you provide the trend direction for BLUENERGIES LTD?
The current trend direction for BLUENERGIES LTD (BLU.CA) is Bullish.
Can you provide the RSI signal for BLUENERGIES LTD?
BLUENERGIES LTD (BLU.CA) has an RSI value of 52.4082. This indicates that the stock is currently neutral.
What is the MACD signal for BLUENERGIES LTD (BLU.CA) stock?
The MACD indicator for BLUENERGIES LTD (BLU.CA) has a value of 0.00482063, indicating a bearish trend.
What is the short term momentum for BLU stock?
The short term momentum for BLUENERGIES LTD (BLU.CA) is positive.