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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 2024-08-15 View latest technical analysis

10 day averaged volume of Biolinerx is 272704

Date	Daily Closing Price	Open	High	Low	Volume
15 Thu Aug 2024	0.68	0.70	0.73	0.65	2.759 times
14 Wed Aug 2024	0.78	0.76	0.80	0.75	1.195 times
13 Tue Aug 2024	0.77	0.80	0.85	0.71	1.524 times
12 Mon Aug 2024	0.79	0.74	0.88	0.71	1.084 times
09 Fri Aug 2024	0.74	0.68	0.74	0.68	0.429 times
08 Thu Aug 2024	0.68	0.65	0.70	0.63	0.631 times
07 Wed Aug 2024	0.64	0.67	0.69	0.62	1.111 times
06 Tue Aug 2024	0.69	0.64	0.70	0.61	0.519 times
05 Mon Aug 2024	0.63	0.65	0.68	0.60	1.05 times
02 Fri Aug 2024	0.68	0.71	0.71	0.63	1.101 times

Stock of Biolinerx (BLRX) has showed a significant fall. This could be a good time to exit from this stock.

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 0.75 as target.

Share price targets for Biolinerx (BLRX)

Target Type	Value
Downside Target	0.51
Downside Target	0.55
Downside Target	0.60
Downside Target	0.63
Downside Target	0.65
Downside Target	0.68
Upside Target	0.74
Upside Target	0.76
Upside Target	0.85
Upside Target	0.88
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	0.51
Upside Intraday Target	0.82
Upside Intraday Target	0.97
Upside Intraday Target	0.74

Weekly technical analysis of Biolinerx (BLRX)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Thu Aug 2024	0.68	0.74	0.88	0.65	1.754 times
09 Fri Aug 2024	0.74	0.65	0.74	0.60	0.578 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Biolinerx (BLRX)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Thu Aug 2024	0.68	0.79	0.88	0.60	0.393 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Biolinerx ( (BLRX) ) based on a short 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.

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

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

MACD generated a SELL signal for Biolinerx in short term

Biolinerx Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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 0.71 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.