BLRX falling wedge: pending breakoutFollowing my previous idea on NASDAQ:BLRX we're now forming a wedge with a local bullish divergence. First target would be range high around $0.19. If we break it and retest that level, we can aim for a (partial) gap fill and a local bullish trend. First we need a break from the wedge.
To be con
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−0.0 ILS
−34.13 M ILS
107.13 M ILS
2.13 B
About BIOLINE RX
Sector
Industry
CEO
Philip Adam Serlin
Website
Headquarters
Modi'in
Founded
2003
ISIN
IL0011015182
FIGI
BBG000D3FWW6
BioLineRx Ltd. is a clinical stage biopharmaceutical company, which engages in the research and development of treatments that focus on cancer. Its product pipeline includes Motaxafortide (BL-8040), which is used for stem-cell mobilization, solid tumors, and acute myeloid lukemia; and AGI-134, which is an immunotherapy treatment used for multiple solid tumors. The company was founded in 2003 and is headquartered in Modi'in, Israel.
Mean reversion for BLRXBLRX dumped over 40% yesterday on dilution news, an overreaction from the market imo. Bought the bottom around $0.15 which is way undervalued for what the company has in the pipeline. Company is now cash healthy for a while with $10 million for research. It's trading at $1,49 on the TASE - so heavy
BLRX Weekly Analysis: Falling Wedge + Monthly Bullish DivergenceAnalyzing BLRX on the weekly timeframe, the stock is showing a classic falling wedge pattern, a bullish reversal formation.
• Key Support: Holding strong at the $.40 level.
• Target: $1.00 +, Near strong resistance level.
SL: $.35 & $.31
Why This Chart is Interesting:
1. Bullish Divergence: M
$BLRX is gonna fall todayPupm&Dump trading strategy idea.
$BLRX is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $3,66;
stop-loss — $3,82;
take-profit — $3,36.
Do not view th
real sleeperI honestly believe this stock is a real sleeper. analysts predict a 247% increase from current levels. I would keep an eye on this one. Tight squeeze showing as it continues to consolidate. reminder, this stock has been consolidating for a while now and the longer the consolidation the bigger the pu
See all ideas
Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
Neutral
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of BLRX is 1.7 ILA — it hasn't changed in the past 24 hours. Watch BIOLINE RX stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on TASE exchange BIOLINE RX stocks are traded under the ticker BLRX.
BLRX stock hasn't changed in a week, the month change is a −15.00% fall, over the last year BIOLINE RX has showed a −90.61% decrease.
We've gathered analysts' opinions on BIOLINE RX future price: according to them, BLRX price has a max estimate of 24.73 ILA and a min estimate of 16.07 ILA. Watch BLRX chart and read a more detailed BIOLINE RX stock forecast: see what analysts think of BIOLINE RX and suggest that you do with its stocks.
BLRX reached its all-time high on Oct 19, 2009 with the price of 5,898.0 ILA, and its all-time low was 1.4 ILA and was reached on Apr 9, 2025. View more price dynamics on BLRX chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
BLRX stock is 5.88% volatile and has beta coefficient of 0.41. Track BIOLINE RX stock price on the chart and check out the list of the most volatile stocks — is BIOLINE RX there?
Today BIOLINE RX has the market capitalization of 37.95 M, it has decreased by −10.53% over the last week.
Yes, you can track BIOLINE RX financials in yearly and quarterly reports right on TradingView.
BIOLINE RX is going to release the next earnings report on May 21, 2025. Keep track of upcoming events with our Earnings Calendar.
BLRX earnings for the last quarter are −0.01 ILA per share, whereas the estimation was 0.00 ILA resulting in a −98.14% surprise. The estimated earnings for the next quarter are −0.01 ILA per share. See more details about BIOLINE RX earnings.
BIOLINE RX revenue for the last quarter amounts to 42.81 M ILA, despite the estimated figure of 28.12 M ILA. In the next quarter, revenue is expected to reach 5.52 M ILA.
BLRX net income for the last quarter is −11.80 M ILS, while the quarter before that showed −21.62 M ILS of net income which accounts for 45.42% change. Track more BIOLINE RX financial stats to get the full picture.
No, BLRX doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Apr 15, 2025, the company has 28 employees. See our rating of the largest employees — is BIOLINE RX on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. BIOLINE RX EBITDA is −56.67 M ILS, and current EBITDA margin is −52.88%. See more stats in BIOLINE RX financial statements.
Like other stocks, BLRX shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade BIOLINE RX stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So BIOLINE RX technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating BIOLINE RX stock shows the sell signal. See more of BIOLINE RX technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.