BLEND LABS INC-A (BLND) Stock Technical Analysis
USA - NYSE:BLND - US09352U1088 - Common Stock
Overall BLND gets a technical rating of 0 out of 10. BLND scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of BLND is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.69
We found 1 important support area.
- A support zone ranging from 2.72 to 2.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.29 to 3.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.06 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BLND is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BLND is down. |
| ChartMill Relative Strength | 19.4 | NEGATIVE | BLND has a low relative strength, it was outperformed by 80.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLND is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BLND is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BLND is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.55 | NEUTRAL | The RSI value for BLND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BLND has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.62 | NEUTRAL | The Stochastics value for BLND is a neutral value. |
| Average True Range in percent/ATR (20) | 6.57 | HIGH VOLATILITY | The high ATR as a percentage value for BLND suggests high volalility. |
| Average Directional Index/ADX (14) | 25.49 | POSITIVE | The high ADX value value for BLND suggests a strong trend. |
3
+0.21 (+7.53%)
BLEND LABS INC-A / BLND FAQ
What is the technical rating for BLND stock?
ChartMill assigns a technical rating of 0 / 10 to BLND.
What is the trend direction for BLND stock?
The current trend direction for BLEND LABS INC-A (BLND) is Bearish.
What is the RSI signal for BLEND LABS INC-A (BLND) stock?
BLEND LABS INC-A (BLND) has an RSI value of 38.5479. This indicates that the stock is currently neutral.
What is the MACD signal for BLND stock?
The MACD indicator for BLEND LABS INC-A (BLND) has a value of -0.0391371, indicating a bearish trend.
What are the support and resistance levels for BLEND LABS INC-A (BLND) stock?
BLEND LABS INC-A (BLND) has a support level at 2.72 and a resistance level at 3.29. Check the full technical report for our detailed analysis of BLND support and resistance levels.