BELITE BIO INC - ADR (BLTE) Stock Technical Analysis
NASDAQ:BLTE - Nasdaq - US07782B1044 - ADR - Currency: USD
We assign a technical rating of 2 out of 10 to BLTE. BLTE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month BLTE has a been trading in the 56.10 - 64.80 range, which is quite wide. It is currently trading near the lows of this range.
BLTE is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 72% of 195 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, BLTE turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
BLTE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BLTE is lagging the market.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, BLTE does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
52.50
68.11
When analyzing the support we can see 3 important areas.
- A support zone ranging from 59.28 to 59.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 55.47 to 56.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 53.03 to 53.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 61.61 to 61.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 63.55 to 63.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 67.30 to 67.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for BLTE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BLTE is down. |
| ChartMill Relative Strength | 67.38 | NEUTRAL | BLTE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLTE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BLTE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BLTE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.25 | NEUTRAL | The RSI value for BLTE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests BLTE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.06 | NEUTRAL | The Stochastics value for BLTE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.86 | MEDIUM VOLATILITY | The ATR as a percentage value for BLTE suggests some volalility. |
| Average Directional Index/ADX (14) | 15.07 | NEGATIVE | The low ADX value for BLTE 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:BLTE (7/3/2025, 7:05:17 PM)
59.465
+2.66 (+4.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg4.67%
1 Week-0.73%
2 Weeks-1.48%
1 Month-8.91%
3 Month4.51%
6 Month-4.23%
12 Month30.69%
2 Year156.09%
3 Year76.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.31
ATR(20)%3.86%
ATR Inc45.09%
Range Today1.97
ADR(20)2.12
ADR(20)%3.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.38
Mansfield-0.73
10 Day High62.6
10 Day Low56.1
20 Day High64.8
20 Day Low56.1
52 Week High86.53
52 Week Low43.7
CS1 End59.29
CR1 Start61.61
Volume & EV
DER(3)-1.77%
DER(5)-1.14%
Volume64.40K
Volume Incr102.11%
Vol(5)69.06K
Vol(50)35.95K