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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 2024-08-27 View latest technical analysis

10 day averaged volume of Biolinerx is 287414

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	0.69	0.70	0.73	0.69	0.328 times
26 Mon Aug 2024	0.72	0.72	0.73	0.69	1.22 times
23 Fri Aug 2024	0.74	0.70	0.76	0.70	0.625 times
22 Thu Aug 2024	0.72	0.77	0.77	0.71	0.408 times
21 Wed Aug 2024	0.74	0.72	0.75	0.72	0.597 times
20 Tue Aug 2024	0.74	0.79	0.79	0.74	0.676 times
19 Mon Aug 2024	0.78	0.75	0.80	0.74	0.475 times
16 Fri Aug 2024	0.74	0.69	0.74	0.68	0.801 times
15 Thu Aug 2024	0.68	0.70	0.73	0.65	2.617 times
14 Wed Aug 2024	0.78	0.76	0.80	0.75	1.134 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 0.72 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	0.69
Upside Target	0.73
Upside Target	0.77
Upside Target	0.80
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	0.68
Downside Intraday Target	0.66
Upside Intraday Target	0.72
Upside Intraday Target	0.74
Upside Intraday Target	0.7

Weekly technical analysis of Biolinerx (BLRX)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	0.69	0.72	0.73	0.69	0.557 times
23 Fri Aug 2024	0.74	0.75	0.80	0.70	0.396 times
16 Fri Aug 2024	0.74	0.74	0.88	0.65	1.98 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

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
27 Tue Aug 2024	0.69	0.79	0.88	0.60	0.56 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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. 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.72 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 negative.

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