TSX-V:BLUE - TSX Venture Exchange - CA68560N1087 - Common Stock - Currency: CAD
Taking everything into account, BLUE scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BLUE is only an average performer.
BLUE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.06. Right above this resistance zone may be a good entry point.
0.04
2 important support areas can be observed.
We can see 2 important resistance areas.
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 BLUE.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLUE.CA is up. |
ChartMill Relative Strength | 68.86 | NEUTRAL | BLUE.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLUE.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLUE.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BLUE.CA is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 59.67 | NEUTRAL | The RSI value for BLUE.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BLUE.CA has a positive trend. |
Stochastics (14,3) | 72.22 | NEUTRAL | The Stochastics value for BLUE.CA is a neutral value. |
Average True Range in percent/ATR (20) | 7.92 | HIGH VOLATILITY | The high ATR as a percentage value for BLUE.CA suggests high volalility. |
Average Directional Index/ADX (14) | 18.93 | NEGATIVE | The low ADX value for BLUE.CA suggests a weak or negative trend. |
TSX-V:BLUE (7/15/2025, 7:00:00 PM)
0.06
+0 (+9.09%)