Technical Analysis for BLCO - Bausch + Lomb Corporation

Grade Last Price % Change Price Change
F 16.85 -1.29% -0.22
BLCO closed down 1.29 percent on Thursday, January 23, 2025, on 1.8 times normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Stochastic Reached Oversold Weakness 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 200 DMA Bearish -1.29%
Down 3 Days in a Row Weakness -1.29%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 11 hours ago
2x Volume Pace about 14 hours ago
1.5x Volume Pace about 14 hours ago
Lower Bollinger Band Support about 15 hours ago
Fell Below Lower Bollinger Band about 16 hours ago

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Bausch + Lomb Corporation Description

Bausch + Lomb Corporation operates as an eye health company in the United States, Puerto Rico, China, France, Japan, Germany, the United Kingdom, Canada, Russia, Spain, Italy, Mexico, Poland, South Korea, and internationally. It operates in three segments: Vision Care, Pharmaceuticals, and Surgical. The Vision Care segment provides contact lens that covers the spectrum of wearing modalities, including daily disposable and frequently replaced contact lenses; and contact lens care products comprising over-the-counter eye drops, eye vitamins, and mineral supplements that address various conditions, such as eye allergies, conjunctivitis, dry eye, and redness relief. Its Pharmaceuticals segment offers proprietary and generic pharmaceutical products for post-operative treatments, as well as for the treatment of glaucoma, eye inflammation, ocular hypertension, dry eyes, and retinal diseases. The Surgical segment provides medical device equipment, consumables, and technologies for the treatment of cataracts, corneal, vitreous, and retinal eye conditions; and intraocular lenses and delivery systems, phacoemulsification equipment, and other surgical instruments and devices for cataract surgery. The company sells its products and services through direct sales forces and independent distributors. Bausch + Lomb Corporation was founded in 1853 and is headquartered in Vaughan, Canada. Bausch + Lomb Corporation is a subsidiary of Bausch Health Companies Inc.


Classification

Sector: Healthcare
Industry: Medical Instruments & Supplies
Keywords: Ophthalmology Glaucoma Vision Cataracts Surgical Specialties Treatment Of Glaucoma Contact Lenses Cataract Surgery Retinal Diseases Conjunctivitis Lens Care Products Ocular Hypertension Generic Pharmaceutical Products

Is BLCO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Comments

Indicators

Indicator Value
52 Week High 21.69
52 Week Low 13.16
Average Volume 488,486
200-Day Moving Average 17.08
50-Day Moving Average 18.71
20-Day Moving Average 17.63
10-Day Moving Average 17.36
Average True Range 0.48
RSI (14) 31.51
ADX 19.29
+DI 15.91
-DI 31.74
Chandelier Exit (Long, 3 ATRs) 17.10
Chandelier Exit (Short, 3 ATRs) 18.18
Upper Bollinger Bands 18.36
Lower Bollinger Band 16.89
Percent B (%b) -0.03
BandWidth 8.34
MACD Line -0.46
MACD Signal Line -0.44
MACD Histogram -0.0193
Fundamentals Value
Market Cap 5.93 Billion
Num Shares 352 Million
EPS -1.04
Price-to-Earnings (P/E) Ratio -16.20
Price-to-Sales 1.31
Price-to-Book 0.93
PEG Ratio 0.70
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 17.45
Resistance 3 (R3) 17.48 17.30 17.35
Resistance 2 (R2) 17.30 17.15 17.29 17.32
Resistance 1 (R1) 17.08 17.06 16.99 17.05 17.28
Pivot Point 16.90 16.90 16.86 16.89 16.90
Support 1 (S1) 16.68 16.75 16.59 16.65 16.42
Support 2 (S2) 16.50 16.66 16.49 16.38
Support 3 (S3) 16.28 16.50 16.35
Support 4 (S4) 16.25