NASDAQ:BLRX - Nasdaq - US09071M2052 - ADR - Currency: USD
Taking everything into account, BLRX scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. BLRX was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, BLRX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for BLRX in the last couple of days, which is a good sign.
3.92
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 | DOWN | NEGATIVE | The long term trend for BLRX is down. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLRX is up. |
ChartMill Relative Strength | 20.93 | NEGATIVE | BLRX has a low relative strength, it was outperformed by 79.07% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of BLRX is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLRX is above the rising 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) | 52.08 | NEUTRAL | The RSI value for BLRX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests BLRX has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 28.38 | NEUTRAL | The Stochastics value for BLRX is a neutral value. |
Average True Range in percent/ATR (20) | 12.46 | HIGH VOLATILITY | The high ATR as a percentage value for BLRX suggests high volalility. |
Average Directional Index/ADX (14) | 33.73 | POSITIVE | The high ADX value value for BLRX suggests a strong trend. |
NASDAQ:BLRX (7/2/2025, 2:20:55 PM)
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