Is Blend Labs, Inc. technically bullish or bearish?
As of June 13, 2025, the technical trend has shifted to mildly bearish, driven by bearish momentum in the weekly MACD and daily moving averages, despite some bullish signals from monthly indicators.
As of 13 June 2025, the technical trend has changed from mildly bullish to mildly bearish. The current technical stance is mildly bearish, driven primarily by the weekly MACD indicating bearish momentum and daily moving averages also showing a bearish trend. While the monthly MACD and KST suggest some bullishness, the overall weekly indicators, including Dow Theory and the lack of signals in the RSI, reinforce the bearish outlook. The stock's recent performance against the S&P 500 further highlights its underperformance over the past month and year, contributing to the bearish sentiment.
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