US stock / ETF

Bullish

BLSH · NYSE · USD

1 hourBearish87%
1h Downside probability 87%Bearish

BLSH 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $23.23 and stabilize above resistance $25.48.

Invalidation Trigger

Break above $25.48 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 34.4, MACD -0.034

1h
Volatility EnvironmentRange
Low volatility

ATR is $0.3816 (1.7%)

1h

EMA Structure

Bearish
EMA 8$22.73Bearish
EMA 21$23.23Bearish
EMA 50$23.8Bearish

Signals

CategoryReadStrength
Momentum
RSI 34.4 · MACD -0.034

Momentum is weak

Strength
Bearish
Volatility
ATR $0.3816 · BB 9.44%

Low volatility

Strength
Range
Volume
MFI 58.6 · OBV -5.49%

Relative to 20-period average volume

Strength
Range
Price Levels
$22.33 - $25.48

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+15.2% · 8.9 ATR above latest close

$25.86
Nearest resistance

+13.5% · 7.9 ATR above · 34-bar high

$25.48
Current price

Price shown is delayed

$22.45
Nearest support

-0.53% · 0.3 ATR below · 34-bar low

$22.33
Deeper support zone

-2.23% · 1.3 ATR below latest close

$21.95
ATR zone

Latest close ± ATR14

$22.07 - $22.83

Indicators

Trend

Dow Theory Structure

Confirmation $22.43, invalidation $23.12

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

65.3 / 20.2 / 39.1Bearish
Supertrend (10,3)

Price is above Supertrend

$21.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$23.31 / $24.07Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Volatility

ATR (14)

Low volatility

$0.3816 (1.7%)Range
Bollinger Bands (20,2)

Width 9.44%

16%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$24.11 / $22.28Range
ATR channel lower / upper

Current Volatility Envelope

$22.07 / $22.83Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$25.48Range
Support

Nearest Downside Decision Level

$22.33Range

Momentum

RSI (14)

Momentum is weak

34.4Bearish
MACD (12,26,9)

Histogram is negative

-0.034Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.8 / 12.5Bearish
Williams %R (14)

Oversold zone

-89.2Bullish
CCI (20)

Weak expansion

-101.2Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

58.6Bullish
OBV slope

20-period OBV slope

-5.49%Bearish
Volume ratio

Relative to 20-period average volume

3.13xBullish

Trend

Dow Theory Structure

Confirmation $22.43, invalidation $23.12

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

65.3 / 20.2 / 39.1Bearish
Supertrend (10,3)

Price is above Supertrend

$21.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$23.31 / $24.07Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Momentum

RSI (14)

Momentum is weak

34.4Bearish
MACD (12,26,9)

Histogram is negative

-0.034Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.8 / 12.5Bearish
Williams %R (14)

Oversold zone

-89.2Bullish
CCI (20)

Weak expansion

-101.2Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$0.3816 (1.7%)Range
Bollinger Bands (20,2)

Width 9.44%

16%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$24.11 / $22.28Range
ATR channel lower / upper

Current Volatility Envelope

$22.07 / $22.83Range

Volume / Money Flow

MFI (14)

Money flow is strong

58.6Bullish
OBV slope

20-period OBV slope

-5.49%Bearish
Volume ratio

Relative to 20-period average volume

3.13xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$25.48Range
Support

Nearest Downside Decision Level

$22.33Range

Related Forecasts