Stock Trend Analysis Report
Prepared for you on Tuesday, August 4, 2020.
BELLUS Health Inc. (NASDAQ:BLU)
Sidelines Mode (-55) - BLU is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BLU?
MarketClub looks at technical strength and momentum to determine if the timing is right for BLU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BLU
The long-term trend has been DOWN since Jul 6th, 2020 at 8.46
The intermediate-term trend has been DOWN since Jul 6th, 2020 at 9.43
The short-term trend has been UP since Jul 31st, 2020 at 2.57
Smart Scan Analysis for BLU
Based on our trend formula, BLU is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.85||52wk High Date||2020-05-15|
|52wk Low||4.84164||52wk Low Date||2019-06-13|
|Average Volume||463,109||Shares Outstanding||54,199|