NYSE:BLND - New York Stock Exchange, Inc. - US09352U1088 - Common Stock - Currency: USD
Overall BLND gets a technical rating of 8 out of 10. BLND has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
BLND has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 3.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.69, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BLND in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
2.93
6 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 | NEUTRAL | NEUTRAL | The long term trend for BLND is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLND is up. |
ChartMill Relative Strength | 90.52 | POSITIVE | BLND has a high relative strength, it outperformed 90.52% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLND is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLND is above the rising 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) | 64.42 | NEUTRAL | The RSI value for BLND is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BLND has a positive trend. |
Stochastics (14,3) | 83.98 | OVERBOUGHT | The high Stochastics value suggests BLND may be overbought. |
Average True Range in percent/ATR (20) | 4.07 | MEDIUM VOLATILITY | The ATR as a percentage value for BLND suggests some volalility. |
Average Directional Index/ADX (14) | 13.77 | NEGATIVE | The low ADX value for BLND suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
3.74 | 3.66 | 0.08 (2.14%) | 25.00% |
An entry @3.74. This is a Buy Stop order right above the resistance zone. | An exit @3.66. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.08 points, which is 2.14%. | For a 0.53% total portfolio risk, you can invest 25.00% of your capital in this trade. |
3.72
+0.02 (+0.54%)