NASDAQ:BLRX - Nasdaq - US09071M2052 - ADR - Currency: USD
Taking everything into account, BLRX scores 2 out of 10 in our technical rating. BLRX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
BLRX has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
3.79
We found 1 important support area.
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 | 5.61 | NEGATIVE | BLRX has a low relative strength, it was outperformed by 94.39% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLRX is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of BLRX is below 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) | 35.43 | NEUTRAL | The RSI value for BLRX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests BLRX has a negative trend. |
Stochastics (14,3) | 14.99 | OVERSOLD | The low Stochastics value suggests BLRX may be oversold. |
Average True Range in percent/ATR (20) | 7.72 | HIGH VOLATILITY | The high ATR as a percentage value for BLRX suggests high volalility. |
Average Directional Index/ADX (14) | 16.7 | NEGATIVE | The low ADX value for BLRX suggests a weak or negative trend. |
NASDAQ:BLRX (8/4/2025, 5:20:01 PM)
3.84
-0.03 (-0.78%)