Stock Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
BELLUS Health Inc. - Common Shares (NASDAQ:BLU)
Long-Term Uptrend (+90) - BLU is in a strong uptrend that is likely to continue. While BLU is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Sep 13th, 2021 at 4.135
The intermediate-term trend has been UP since Aug 5th, 2021 at 3.048
The short-term trend has been UP since Oct 12th, 2021 at 6.070
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).
|52wk High||7.35||52wk High Date||2021-09-28|
|52wk Low||2.245||52wk Low Date||2020-10-20|
|Average Volume||1,387,081||Shares Outstanding||54,199|