Technical Analysis for BLTE - Belite Bio, Inc.

Grade Last Price % Change Price Change
C 42.80 -0.93% -0.40
BLTE closed down 0.93 percent on Wednesday, May 8, 2024, on 81 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 0.00%
Earnings Movers Other 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Cup with Handle Other -0.93%
Narrow Range Bar Range Contraction -0.93%
Inside Day Range Contraction -0.93%
Wide Bands Range Expansion -0.93%
Overbought Stochastic Strength -0.93%
Pocket Pivot Bullish Swing Setup -1.15%

   Recent Intraday Alerts

Alert Time
Fell Below Previous Day's Low about 22 hours ago
Down 2 % about 22 hours ago
Down 1% about 22 hours ago
Down 2 % 2 days ago
60 Minute Opening Range Breakout 2 days ago

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Profile

Belite Bio, Inc. Description

Belite Bio, Inc, a clinical-stage biopharmaceutical drug development company, engages in the research and development of novel therapeutics targeting atrophic age-related macular degeneration and autosomal recessive stargardt diseases. Its lead product candidate is LBS-008, an oral once-a-day treatment that can reduce and maintain the delivery of vitamin A to the eye to reduce the accumulation of toxic vitamin A by-products in ocular tissue that is in phase 3 clinical trial. The company is also developing LBS-009, an anti-retinol binding protein 4 oral therapy targeting liver disease, including non-alcoholic fatty liver disease, nonalcoholic steatohepatitis, and type 2 diabetes, which is in the preclinical development phase. Belite Bio, Inc was founded in 2016 and is based in San Diego, California. Belite Bio, Inc is a subsidiary of Lin Bioscience International Ltd.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Clinical Medicine Diabetes Drug Development Hepatitis Steatohepatitis Non Alcoholic Fatty Liver Disease Liver Disease Oral Therapy

Is BLTE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 48.6
52 Week Low 11.05
Average Volume 38,779
200-Day Moving Average 38.01
50-Day Moving Average 40.77
20-Day Moving Average 38.61
10-Day Moving Average 41.39
Average True Range 2.13
RSI (14) 60.63
ADX 23.4
+DI 20.36
-DI 18.90
Chandelier Exit (Long, 3 ATRs) 37.05
Chandelier Exit (Short, 3 ATRs) 37.40
Upper Bollinger Bands 45.32
Lower Bollinger Band 31.91
Percent B (%b) 0.81
BandWidth 34.71
MACD Line 0.85
MACD Signal Line 0.01
MACD Histogram 0.841
Fundamentals Value
Market Cap 1.18 Billion
Num Shares 27.6 Million
EPS -1.26
Price-to-Earnings (P/E) Ratio -33.97
Price-to-Sales 0.00
Price-to-Book 23.98
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 44.68
Resistance 3 (R3) 44.62 43.93 44.36
Resistance 2 (R2) 43.93 43.46 43.96 44.26
Resistance 1 (R1) 43.37 43.16 43.03 43.43 44.15
Pivot Point 42.68 42.68 42.51 42.71 42.68
Support 1 (S1) 42.12 42.21 41.78 42.18 41.45
Support 2 (S2) 41.43 41.91 41.46 41.34
Support 3 (S3) 40.87 41.43 41.24
Support 4 (S4) 40.93