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Stock Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

BELLUS Health Inc. - Common Shares (NASDAQ:BLU)

Long-Term Downtrend (-90) - BLU is in a strong downtrend that is likely to continue. While BLU is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

NASDAQ_BLU
Open High Low BLU Price Change
7.18 7.37 6.99 7.33 +0.19
Entry Signal

MarketClub’s Trade Triangles for BLU

long term down The long-term trend has been DOWN since Nov 3rd, 2022 at 8.860

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2023 at 7.192

short term down The short-term trend has been DOWN since Mar 23rd, 2023 at 7.390

Smart Scan Analysis for BLU

Based on our trend formula, BLU is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BLU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.18 7.37 6.99 7.33 +0.19
Prev. Close Volume Bid Ask Time
7.14 584923 2023-03-29 15:24:26
52wk High12.6952wk High Date2022-08-11
52wk Low6.2252wk Low Date2022-03-29
Average Volume689,554Shares Outstanding54,199
Market Cap1,544MAssets309,595,000M
Liabilities17,566,000M
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