BLEND LABS INC-A (BLND) Stock Technical Analysis
NYSE:BLND - New York Stock Exchange, Inc. - US09352U1088 - Common Stock - Currency: USD
Overall BLND gets a technical rating of 3 out of 10. Although BLND is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
BLND is one of the better performing stocks in the Software industry, it outperforms 76% of 281 stocks in the same industry.
BLND has an average volume of 3700760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that BLND is one of the better performing stocks in the market, outperforming 87% of all stocks. However, we also see that BLND couldn't keep up this performance in the last couple of months.
BLND is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month BLND has a been trading in the 2.91 - 3.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, BLND does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for BLND in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.92
3.77
When analyzing the support we can see 4 important areas.
- Support @3.30 from a trend line in the daily time frame.
- Support @3.14 from a trend line in the weekly time frame.
- A support zone ranging from 3.06 to 3.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.95 to 2.96. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- Resistance @3.73 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.25
Mansfield-0.64
10 Day High3.39
10 Day Low2.97
20 Day High3.67
20 Day Low2.91
52 Week High5.53
52 Week Low2.08
Performance
1 Week0%
2 Weeks6.43%
1 Month-3.78%
3 Month-14.03%
6 Month-8.82%
12 Month42.67%
2 Year234.72%
3 Year-2.07%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)50.68
LBB3.01
UBB3.41
3.31
+0.05 (+1.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.53%
1 Week0%
2 Weeks6.43%
1 Month-3.78%
3 Month-14.03%
6 Month-8.82%
12 Month42.67%
2 Year234.72%
3 Year-2.07%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%6.07%
ATR Inc-11.4%
Range Today0.09
ADR(20)0.19
ADR(20)%5.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.25
Mansfield-0.64
10 Day High3.39
10 Day Low2.97
20 Day High3.67
20 Day Low2.91
52 Week High5.53
52 Week Low2.08
CS1 End3.3
CR1 Start3.73
Volume & EV
DER(3)1.09%
DER(5)3.01%
Volume3.04M
Volume Incr-40.49%
Vol(5)2.06M
Vol(50)3.70M