Is Blueprint Medicines Corp. technically bullish or bearish?
As of June 4, 2025, Blueprint Medicines Corp. is in a bullish trend supported by strong technical indicators, despite a bearish weekly RSI suggesting short-term caution, with year-to-date returns of 48.43% significantly outperforming the S&P 500's 12.22%.
As of 4 June 2025, the technical trend for Blueprint Medicines Corp. has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both weekly and monthly time frames, while the Bollinger Bands also indicate bullishness in both periods. Moving averages are bullish on the daily chart, and Dow Theory confirms a bullish trend on both weekly and monthly levels. However, the weekly RSI is bearish, which suggests some short-term weakness. In terms of performance, the stock has returned 48.43% year-to-date compared to the S&P 500's 12.22%, and over three years, it has outperformed the benchmark with a return of 141.76% versus 70.41%. Overall, the technical indicators point to a bullish stance, albeit with some caution due to the bearish weekly RSI.
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