USA • New York Stock Exchange • NYSE:BLND • US09352U1088
We assign a technical rating of 0 out of 10 to BLND. 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.
1.97
When analyzing the resistance we notice 5 important areas.
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 | 8.49 | NEGATIVE | BLND has a low relative strength, it was outperformed by 91.51% 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) | 23.85 | OVERSOLD | The low RSI value suggests BLND may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests BLND has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.7 | OVERSOLD | The low Stochastics value suggests BLND may be oversold. |
| Average True Range in percent/ATR (20) | 9.14 | HIGH VOLATILITY | The high ATR as a percentage value for BLND suggests high volalility. |
| Average Directional Index/ADX (14) | 37.36 | POSITIVE | The high ADX value value for BLND suggests a strong trend. |
1.99
+0.09 (+4.74%)
ChartMill assigns a technical rating of 0 / 10 to BLND.
The current trend direction for BLEND LABS INC-A (BLND) is Bearish.
BLEND LABS INC-A (BLND) has an RSI value of 23.8543. This indicates that the stock is currently oversold.
The short term momentum for BLEND LABS INC-A (BLND) is negative.
The buy/sell signal for BLEND LABS INC-A (BLND) is sell as both the short term and long term trends are negative.