BLEND LABS INC-A (BLND) Stock Technical Analysis
NYSE:BLND - New York Stock Exchange, Inc. - US09352U1088 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to BLND. 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.
BLND has an average volume of 2943860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, BLND did better than 86% of all other stocks. However, BLND's most recent performance is quite weak.
BLND is an average performer in the Software industry, it outperforms 68% of 284 stocks in the same industry.
BLND is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BLND is lagging the market.
In the last month BLND has a been trading in the 3.59 - 4.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, BLND does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.90. Right above this resistance zone may be a good entry point. 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
3.25
4.13
3 important support areas can be observed.
- Support @3.77 from a horizontal line in the daily time frame.
- A support zone ranging from 3.54 to 3.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.28 to 3.35. 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 3.90 to 3.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.06 to 4.09. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS86.48
Mansfield0.31
10 Day High4.08
10 Day Low3.73
20 Day High4.22
20 Day Low3.59
52 Week High5.53
52 Week Low2.08
Performance
1 Week-2.83%
2 Weeks-4.3%
1 Month1.61%
3 Month-27.31%
6 Month1.07%
12 Month69.51%
2 Year139.24%
3 Year-57.24%
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)0.01
RSI(14)43.99
LBB3.74
UBB4.1
3.78
-0.16 (-4.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-4.06%
1 Week-2.83%
2 Weeks-4.3%
1 Month1.61%
3 Month-27.31%
6 Month1.07%
12 Month69.51%
2 Year139.24%
3 Year-57.24%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%5.51%
ATR Inc3.12%
Range Today0.27
ADR(20)0.2
ADR(20)%5.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.48
Mansfield0.31
10 Day High4.08
10 Day Low3.73
20 Day High4.22
20 Day Low3.59
52 Week High5.53
52 Week Low2.08
CS1 End3.77
CR1 Start3.9
Volume & EV
DER(3)4.24%
DER(5)1.22%
Volume4.86M
Volume Incr36.54%
Vol(5)2.93M
Vol(50)2.94M