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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.
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MarketClub’s Trade Triangles for BLU
The long-term trend has been DOWN since Nov 3rd, 2022 at 8.860
The intermediate-term trend has been DOWN since Mar 27th, 2023 at 7.192
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).
| 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 High | 12.69 | 52wk High Date | 2022-08-11 |
| 52wk Low | 6.22 | 52wk Low Date | 2022-03-29 |
| Average Volume | 689,554 | Shares Outstanding | 54,199 |
| Market Cap | 1,544M | Assets | 309,595,000M |
| Liabilities | 17,566,000M |