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(BLRX) Biolinerx complete technical analysis [charts+indicators] | Buy/Sell Biolinerx | (BLRX) share price targets

Complete technical analysis of Biolinerx (BLRX) by charts plus indicators, forecast predictions and share price targets for Biolinerx (BLRX)

Biolinerx trades in USA in Health Care sector.

Showing technical analysis as on 2024-08-05 View latest technical analysis

10 day averaged volume of Biolinerx is 352730

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	0.63	0.65	0.68	0.60	0.812 times
02 Fri Aug 2024	0.68	0.71	0.71	0.63	0.851 times
01 Thu Aug 2024	0.69	0.79	0.79	0.67	1.048 times
31 Wed Jul 2024	0.79	0.77	0.81	0.75	0.245 times
30 Tue Jul 2024	0.76	0.78	0.80	0.75	0.941 times
29 Mon Jul 2024	0.76	0.85	0.85	0.75	1.921 times
26 Fri Jul 2024	0.85	0.87	0.89	0.81	1.374 times
25 Thu Jul 2024	0.87	0.82	0.88	0.80	0.836 times
24 Wed Jul 2024	0.82	0.81	0.84	0.81	0.974 times
23 Tue Jul 2024	0.81	0.82	0.85	0.80	1.052 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.7, but if it comes above 0.7, then a intra day buy could be more profitable.
If you take a sell trade below 0.7, then use 0.7 as stoploss and 0.6 as target. However if you take a buy trade in stock , then use 0.7 as stoploss and 0.76 as target.

Share price targets for Biolinerx (BLRX)

Target Type	Value
Downside Target	0.51
Downside Target	0.54
Downside Target	0.60
Downside Target	0.63
Upside Target	0.68
Upside Target	0.72
Upside Target	0.76
Upside Target	0.79
Upside Target	0.85
Upside Target	0.89
Upside Target	1.10

Intraday share price targets for Biolinerx (BLRX)

Target Type	Value
Downside Intraday Target	0.59
Downside Intraday Target	0.56
Upside Intraday Target	0.67
Upside Intraday Target	0.72
Upside Intraday Target	0.64

Weekly technical analysis of Biolinerx (BLRX)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	0.63	0.65	0.68	0.60	0.162 times
02 Fri Aug 2024	0.68	0.85	0.85	0.63	1.002 times
26 Fri Jul 2024	0.85	0.84	0.89	0.76	0.688 times
19 Fri Jul 2024	0.83	0.72	0.89	0.68	1.332 times
12 Fri Jul 2024	0.71	0.57	0.72	0.54	2.911 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Biolinerx (BLRX)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	0.63	0.79	0.79	0.60	0.108 times
31 Wed Jul 2024	0.79	0.57	0.89	0.51	1.697 times
28 Fri Jun 2024	0.57	0.75	0.77	0.55	0.741 times
31 Fri May 2024	0.75	0.66	0.85	0.60	0.51 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Biolinerx (BLRX)

Price action analysis of Biolinerx ( (BLRX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Biolinerx ( (BLRX) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Biolinerx ( (BLRX) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Biolinerx stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Biolinerx in short term but the sell signal is initial and weak.

Biolinerx Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Biolinerx in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Biolinerx is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.77 and Biolinerx (BLRX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Biolinerx (BLRX) stock. Volume based technical analysis of Biolinerx (BLRX) stock is negative.

Biolinerx Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.