BELITE BIO INC - ADR (BLTE) Stock Technical Analysis
NASDAQ:BLTE - Nasdaq - US07782B1044 - ADR - Currency: USD
Overall BLTE gets a technical rating of 5 out of 10. Although BLTE has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
BLTE is part of the Pharmaceuticals industry. There are 192 other stocks in this industry. BLTE outperforms 83% of them.
In the last month BLTE has a been trading in the 52.99 - 63.99 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, BLTE did better than 84% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
BLTE is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BLTE has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
38.09
63.82
When analyzing the support we can see 4 important areas.
- A support zone ranging from 57.23 to 58.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 55.22 to 55.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 53.04 to 53.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @38.47 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.88
Mansfield1.63
10 Day High63.99
10 Day Low54.28
20 Day High63.99
20 Day Low52.99
52 Week High86.53
52 Week Low31.01
Performance
1 Week10.47%
2 Weeks10.86%
1 Month7.03%
3 Month-15.03%
6 Month31.1%
12 Month37.22%
2 Year111.34%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.8
RSI(14)65.05
LBB53.69
UBB62.34
63.19
+2.13 (+3.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg3.49%
1 Week10.47%
2 Weeks10.86%
1 Month7.03%
3 Month-15.03%
6 Month31.1%
12 Month37.22%
2 Year111.34%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.2
ATR(20)%4.33%
ATR Inc-0.89%
Range Today2.49
ADR(20)2.62
ADR(20)%4.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.88
Mansfield1.63
10 Day High63.99
10 Day Low54.28
20 Day High63.99
20 Day Low52.99
52 Week High86.53
52 Week Low31.01
CS1 End58.51
CR1 StartN/A
Volume & EV
DER(3)2.81%
DER(5)5.15%
Volume77.20K
Volume Incr76.46%
Vol(5)59.60K
Vol(50)39.53K