BIOLINERX LTD-SPONS ADR (BLRX) Stock Technical Analysis
NASDAQ:BLRX - US09071M2052 - ADR
3.79 USD
+0.14 (+3.84%)
We assign a technical rating of 0 out of 10 to BLRX. BLRX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
99% of all other stocks performed better in the past year than BLRX.
BLRX is one of the lesser performing stocks in the Biotechnology industry. 84% of 547 stocks in the same industry do better.
BLRX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month BLRX has a been trading in the 3.35 - 4.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, BLRX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 3.75, a Stop Loss order could be placed below this zone.
More info and screens
3.51
3.99
2 important support areas can be observed.
- A support zone ranging from 3.67 to 3.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.55 to 3.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @3.95 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for BLRX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BLRX is down. |
| ChartMill Relative Strength | 1.98 | NEGATIVE | BLRX has a low relative strength, it was outperformed by 98.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BLRX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BLRX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BLRX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.11 | NEUTRAL | The RSI value for BLRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BLRX has a positive trend. |
| Stochastics (14,3) | 47.62 | NEUTRAL | The Stochastics value for BLRX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.16 | HIGH VOLATILITY | The high ATR as a percentage value for BLRX suggests high volalility. |
| Average Directional Index/ADX (14) | 14.94 | NEGATIVE | The low ADX value for BLRX 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)
NASDAQ:BLRX (8/29/2025, 6:11:52 PM)
3.79
+0.14 (+3.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.84%
1 Week-1.07%
2 Weeks-0.27%
1 Month-4.39%
3 Month-29.52%
6 Month10.45%
12 Month-85.7%
2 Year-94.71%
3 Year-93.91%
5 Year-94.92%
10 Year-99.6%
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%7.16%
ATR Inc-25.29%
Range Today0.21
ADR(20)0.26
ADR(20)%6.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.98
Mansfield-5.94
10 Day High3.95
10 Day Low3.46
20 Day High4.17
20 Day Low3.35
52 Week High26.8
52 Week Low2.3
CS1 End3.75
CR1 Start3.95
Volume & EV
DER(3)2.8%
DER(5)-1.8%
Volume7.91K
Volume Incr-18.18%
Vol(5)32.12K
Vol(50)42.60K