BLRX Stock Discussion

BioLineRx Ltd. Description

BioLineRx Ltd., a clinical stage biopharmaceutical development company, engages in identifying, in-licensing, and developing therapeutic candidates. The company's development pipeline consists of six clinical-stage therapeutic candidates, including BL-1020, which is in Phase II/III clarity trial to enhance cognitive function in schizophrenia patients; BL-1040, a novel polymer solution that is under pivotal CE-Mark registration trial for use in the prevention of pathological cardiac remodeling following a myocardial infarction; and BL-5010, a medical device, which has completed Phase I/II clinical trials for the non-surgical removal of skin lesions. Its development pipeline also includes BL-1021 that is in Phase Ia clinical trial for the treatment of neuropathic pain, or pain that results from damage to nerve fibers; BL-7040, which is in Phase II clinical trial for the treatment of inflammatory bowel disease; and BL-8040, a peptide that has completed Phase I/II clinical trial for the treatment of acute myeloid leukemia and other hematological cancers. The company also has six products in various pre-clinical development stages for indications, such as central nervous system diseases, infectious diseases, cardiovascular, and autoimmune diseases. In addition, it operates a biotechnology incubator to evaluate therapeutic candidates. BioLineRx Ltd. has license agreements with Genoscience; Compugen Ltd.; RFS Pharma; Yissum and University of Genoa, Italy; Gestion Univalor, Limited Partnership; Jiangsu Chia-tai Tianqing Pharmaceutical Co., Ltd.; and Ikaria. The company was founded in 2003 and is headquartered in Jerusalem, Israel.

Sector: Healthcare
Industry: Biotechnology
Keywords: Biotechnology Clinical Development Pain Infectious Diseases Autoimmune Disease Drug Discovery Pharmacology Acute Myeloid Leukemia Clinical Trial Clinical Research Schizophrenia Inflammatory Bowel Disease Nerve Neuropathic Pain Treatment Of Acute Myeloid Leukemia Central Nervous System Disease Hematological Cancers Pivotal Compugen Biopharmaceutical Development Treatment Of Inflammatory Bowel Disease Infarction Myocardial Infarction Polymer Solution
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SociableGnat503 about 1 month ago

Does this show any particular trend? 

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TraderMike about 1 month ago

This is what the trend table on the stock's page tells you.  Here's the current TT for BLRX:
BLRX_trend_table.png 56.8 KB
Those are based on the 200, 50 & 10 day moving averages.  You can also choose some other moving average that matches your timeframe & check if the stock is above or below that MA.  If it's above, then the trend is up, if it's below, the trend is down.

There are other ways to determine trend but moving averages are a pretty good & simple way to get a quick read.

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SociableGnat503 23 days ago

It looks like the short, intermediate, and long term trends look better now! It seems to be a late bloomer with a PDUFA decision on the horizon. 

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SociableGnat503 23 days ago

For the trading Czars here, if I owned 8,000 shares at 1.41 with a target PDUFA date of 09/09/2023.  How would you play this going forward based on the technicals/fundamentals? 

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