BELITE BIO INC - ADR (BLTE) Stock Technical Analysis
NASDAQ:BLTE - Nasdaq - US07782B1044 - ADR - Currency: USD
Overall BLTE gets a technical rating of 8 out of 10. BLTE has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long and short term trends are both positive. This is looking good!
BLTE is part of the Pharmaceuticals industry. There are 193 other stocks in this industry. BLTE outperforms 72% of them.
Looking at the yearly performance, BLTE did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
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.
In the last month BLTE has a been trading in the 59.12 - 69.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although BLTE has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
52.51
70.49
When analyzing the support we can see 5 important areas.
- A support zone ranging from 61.52 to 64.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 59.04 to 59.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @56.60 from a trend line in the daily time frame.
- A support zone ranging from 55.47 to 55.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @53.04 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @68.00 from a horizontal line in the weekly time frame.
- Resistance @69.79 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 | UP | POSITIVE | The long term trend for BLTE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLTE is up. |
| ChartMill Relative Strength | 82.98 | POSITIVE | BLTE has a high relative strength, it outperformed 82.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLTE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLTE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BLTE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.28 | NEUTRAL | The RSI value for BLTE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.64 | POSITIVE | The MACD value suggests BLTE has a positive trend. |
| Stochastics (14,3) | 83.51 | OVERBOUGHT | The high Stochastics value suggests BLTE may be overbought. |
| Average True Range in percent/ATR (20) | 3.49 | MEDIUM VOLATILITY | The ATR as a percentage value for BLTE suggests some volalility. |
| Average Directional Index/ADX (14) | 16.33 | 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 (8/6/2025, 8:10:43 PM)
67.99
+1.68 (+2.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.53%
1 Week4.91%
2 Weeks9.12%
1 Month5.97%
3 Month11.28%
6 Month18.18%
12 Month37.41%
2 Year97.93%
3 Year111.74%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.37
ATR(20)%3.49%
ATR Inc90.89%
Range Today3.04
ADR(20)2.24
ADR(20)%3.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.98
Mansfield0.36
10 Day High69.79
10 Day Low61.01
20 Day High69.79
20 Day Low59.12
52 Week High86.53
52 Week Low43.7
CS1 End64.94
CR1 Start68
Volume & EV
DER(3)7.57%
DER(5)7.69%
Volume51.40K
Volume Incr-38.75%
Vol(5)41.04K
Vol(50)48.80K