Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-14 View latest technical analysis

10 day averaged volume of Biolinerx is 535370

Date	Daily Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	0.46	0.50	0.50	0.44	0.653 times
11 Fri Oct 2024	0.49	0.47	0.49	0.45	0.368 times
10 Thu Oct 2024	0.47	0.47	0.49	0.45	0.254 times
09 Wed Oct 2024	0.46	0.50	0.50	0.45	0.531 times
08 Tue Oct 2024	0.47	0.48	0.50	0.43	0.888 times
07 Mon Oct 2024	0.48	0.51	0.52	0.47	1.43 times
04 Fri Oct 2024	0.46	0.54	0.54	0.44	3.198 times
03 Thu Oct 2024	0.51	0.54	0.56	0.51	0.316 times
02 Wed Oct 2024	0.52	0.55	0.55	0.50	0.797 times
01 Tue Oct 2024	0.54	0.60	0.61	0.54	0.644 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.5, but if it comes above 0.5, then a intra day buy could be more profitable.
If you take a sell trade below 0.5, then use 0.5 as stoploss and 0.4 as target. However if you take a buy trade in stock , then use 0.5 as stoploss and 0.56 as target.

Share price targets for Biolinerx (BLRX)

Target Type	Value
Downside Target	0.43
Downside Target	0.44
Upside Target	0.50
Upside Target	0.51
Upside Target	0.54
Upside Target	0.60
Upside Target	0.67
Upside Target	0.77
Upside Target	0.88
Upside Target	0.89

Intraday share price targets for Biolinerx (BLRX)

Target Type	Value
Downside Intraday Target	0.43
Downside Intraday Target	0.41
Upside Intraday Target	0.49
Upside Intraday Target	0.53
Upside Intraday Target	0.47

Weekly technical analysis of Biolinerx (BLRX)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	0.46	0.50	0.50	0.44	0.188 times
11 Fri Oct 2024	0.49	0.51	0.52	0.43	0.532 times
04 Fri Oct 2024	0.46	0.65	0.67	0.44	7.303 times
27 Fri Sep 2024	0.62	0.67	0.67	0.62	0.826 times
20 Fri Sep 2024	0.66	0.63	0.67	0.61	1.112 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
14 Mon Oct 2024	0.46	0.60	0.61	0.43	1.654 times
30 Mon Sep 2024	0.54	0.66	0.67	0.54	0.504 times
30 Fri Aug 2024	0.64	0.79	0.88	0.60	0.659 times
31 Wed Jul 2024	0.79	0.57	0.89	0.51	1.697 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.

Biolinerx Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 0.48 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.