BioLineRx (BLRX, $0.66) Aroon Indicator entered a Downtrend on May 02, 2024.

A.I.dvisor
at Tickeron.com
05/03/24
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BLRX - BioLineRx Ltd
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $0.6601
Daily change: -$0.012 (-1.79%)
Daily volume: 360.1K
Capitalization: $48.2M
Industry: Biotechnology
For the last three days, A.I.dvisor has detected that BLRX's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for BLRX, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 272 similar cases, of which were successful. Based on this data, the odds of success are
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BLRXDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a clinical-stage biopharmaceutical development company

Industry Biotechnology

Profile
Fundamentals
Details
Industry
Pharmaceuticals Other
Address
2 HaMa’ayan Street
Phone
+972 86429100
Employees
79
Web
https://www.biolinerx.com