US stock / ETF

Bullish

BLSH · NYSE · USD

1 monthBearish60%
Monthly Downside probability 60%Bearish

BLSH 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: Dow Theory structure confirms LH/LL

Confirmation Trigger

Recover -- and stabilize above resistance $118.

Invalidation Trigger

Break above $118 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 31.3, MACD --

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $13.45 (46.39%)

Monthly

EMA Structure

Range
EMA 8$32.76Bearish
EMA 21--Range
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 31.3 · MACD --

Momentum is weak

Strength
Bullish
Volatility
ATR $13.45 · BB --%

High volatility

Strength
Bearish
Volume
MFI 20.3 · OBV --%

Relative to 20-period average volume

Strength
Range
Price Levels
$20.55 - $118

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+353.42% · 7.6 ATR above latest close

$131.45
Nearest resistance

+307.04% · 6.6 ATR above · 15-bar high

$118
Current price

Price shown is delayed

$28.99
Nearest support

-29.11% · 0.6 ATR below · 15-bar low

$20.55
Deeper support zone

-75.5% · 1.6 ATR below latest close

$7.1
ATR zone

Latest close ± ATR14

$15.54 - $42.44

Indicators

Trend

Dow Theory Structure

Confirmation $20.55, invalidation $41.47

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

-$0.9955Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

--%Bearish

Volatility

ATR (14)

High volatility

$13.45 (46.39%)Bearish
Bollinger Bands (20,2)

Width --%

--%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

-- / --Bearish
ATR channel lower / upper

Current Volatility Envelope

$15.54 / $42.44Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$118Range
Support

Nearest Downside Decision Level

$20.55Range

Momentum

RSI (14)

Momentum is weak

31.3Bearish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

-- / --Bearish
Williams %R (14)

Oversold zone

-84.5Bullish
CCI (20)

Balanced zone

--Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

20.3Bearish
OBV slope

20-period OBV slope

--%Bearish
Volume ratio

Relative to 20-period average volume

--xBearish

Trend

Dow Theory Structure

Confirmation $20.55, invalidation $41.47

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

-$0.9955Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

--%Bearish

Momentum

RSI (14)

Momentum is weak

31.3Bearish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

-- / --Bearish
Williams %R (14)

Oversold zone

-84.5Bullish
CCI (20)

Balanced zone

--Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$13.45 (46.39%)Bearish
Bollinger Bands (20,2)

Width --%

--%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

-- / --Bearish
ATR channel lower / upper

Current Volatility Envelope

$15.54 / $42.44Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

20.3Bearish
OBV slope

20-period OBV slope

--%Bearish
Volume ratio

Relative to 20-period average volume

--xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$118Range
Support

Nearest Downside Decision Level

$20.55Range

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