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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 2024-10-23 View latest technical analysis

10 day averaged volume of Biolinerx is 337640

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	0.42	0.45	0.45	0.42	0.611 times
22 Tue Oct 2024	0.45	0.47	0.47	0.40	2.277 times
21 Mon Oct 2024	0.47	0.47	0.49	0.44	1.082 times
18 Fri Oct 2024	0.47	0.46	0.49	0.45	1.226 times
17 Thu Oct 2024	0.46	0.48	0.50	0.45	1.001 times
16 Wed Oct 2024	0.47	0.45	0.48	0.45	0.683 times
15 Tue Oct 2024	0.44	0.46	0.48	0.43	0.867 times
14 Mon Oct 2024	0.46	0.50	0.50	0.44	1.035 times
11 Fri Oct 2024	0.49	0.47	0.49	0.45	0.584 times
10 Thu Oct 2024	0.47	0.47	0.49	0.45	0.402 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 0.4 as stoploss in an intra day buy trade for a target of 0.49. However, stock will show a bearish move below 0.4.

Share price targets for Biolinerx (BLRX)

Target Type	Value
Downside Target	0.40
Upside Target	0.43
Upside Target	0.44
Upside Target	0.49
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	0.38
Downside Intraday Target	0.35
Upside Intraday Target	0.47
Upside Intraday Target	0.53
Upside Intraday Target	0.44

Weekly technical analysis of Biolinerx (BLRX)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	0.42	0.47	0.49	0.40	0.825 times
18 Fri Oct 2024	0.47	0.50	0.50	0.43	0.874 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

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
23 Wed Oct 2024	0.42	0.60	0.61	0.40	2.544 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 neutral. A longer time frame might give a better analysis.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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

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 0.46 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.