The Hourly View for BLND
Currently, BLND (Get Ratings)’s price is down $-0.09 (-0.6%) from the hour prior. BLND has seen its price go down 4 out of the past 5 hours, thus creating some compelling opportunities for bears. As for the trend on the hourly timeframe, we see the clearest trend on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
Out of Business Services stocks, BLND ranks 145th in regards to today’s price percentage change.
BLND’s Technical Outlook on the Daily Chart
At the moment, BLND’s price is down $-0.67 (-4.16%) from the day prior. The daily chart shows that BLND has seen 2 straight down days. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 40 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Blend Labs Inc’s price action over the past 90 days can be seen via the chart below.
BLND: Daily RSI Analysis
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