BIOLINERX LTD-SPONS ADR (BLRX) Stock Technical Analysis
NASDAQ:BLRX - Nasdaq - US09071M2052 - ADR - Currency: USD
Overall BLRX gets a technical rating of 3 out of 10. 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.
When comparing the yearly performance of all stocks, BLRX is a bad performer in the overall market: 93% of all stocks are doing better.
BLRX is one of the lesser performing stocks in the Biotechnology industry. 62% of 561 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. The S&P500 Index is trading in the upper part of its 52 week range, so BLRX is lagging the market.
Warning: BLRX has an average volume of 24482 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month BLRX has a been trading in the 2.87 - 3.68 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of BLRX is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.13
5.03
We found 1 important support area.
- A support zone ranging from 3.16 to 3.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.65 to 3.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.98 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.49
Mansfield-7.63
10 Day High3.68
10 Day Low3.01
20 Day High3.68
20 Day Low2.87
52 Week High35.6
52 Week Low2.3
Performance
1 Week14.11%
2 Weeks10.98%
1 Month25.52%
3 Month1.39%
6 Month-67.28%
12 Month-86.72%
2 Year-94.22%
3 Year-94.17%
5 Year-95.31%
10 Year-99.69%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)66.39
LBB2.94
UBB3.56
3.64
+0.37 (+11.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg11.34%
1 Week14.11%
2 Weeks10.98%
1 Month25.52%
3 Month1.39%
6 Month-67.28%
12 Month-86.72%
2 Year-94.22%
3 Year-94.17%
5 Year-95.31%
10 Year-99.69%
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%5.62%
ATR Inc95.86%
Range Today0.49
ADR(20)0.2
ADR(20)%5.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.49
Mansfield-7.63
10 Day High3.68
10 Day Low3.01
20 Day High3.68
20 Day Low2.87
52 Week High35.6
52 Week Low2.3
CS1 End3.23
CR1 Start3.65
Volume & EV
DER(3)7.87%
DER(5)-1.53%
Volume89.60K
Volume Incr57.69%
Vol(5)28.40K
Vol(50)24.48K