US stock / ETF

Bullish

BLSH · NYSE · USD

1 monthBearish63%
Monthly Downside probability 63%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 32.5, MACD --

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $13.14 (41.34%)

Monthly

EMA Structure

Range
EMA 8$33.38Bearish
EMA 21--Range
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 32.5 · MACD --

Momentum is weak

Strength
Bullish
Volatility
ATR $13.14 · BB --%

High volatility

Strength
Bearish
Volume
MFI 20.6 · OBV --%

Relative to 20-period average volume

Strength
Range
Price Levels
$20.55 - $118

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+312.64% · 7.6 ATR above latest close

$131.14
Nearest resistance

+271.3% · 6.6 ATR above · 15-bar high

$118
Current price

Price shown is delayed

$31.78
Nearest support

-35.34% · 0.9 ATR below · 15-bar low

$20.55
Deeper support zone

-76.67% · 1.9 ATR below latest close

$7.41
ATR zone

Latest close ± ATR14

$18.64 - $44.92

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

$2.48Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

--%Bearish

Volatility

ATR (14)

High volatility

$13.14 (41.34%)Bearish
Bollinger Bands (20,2)

Width --%

--%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

-- / --Bearish
ATR channel lower / upper

Current Volatility Envelope

$18.64 / $44.92Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$118Range
Support

Nearest Downside Decision Level

$20.55Range

Momentum

RSI (14)

Momentum is weak

32.5Bearish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

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

Neutral zone

-79.4Range
CCI (20)

Balanced zone

--Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

20.6Bearish
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

$2.48Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

--%Bearish

Momentum

RSI (14)

Momentum is weak

32.5Bearish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

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

Neutral zone

-79.4Range
CCI (20)

Balanced zone

--Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$13.14 (41.34%)Bearish
Bollinger Bands (20,2)

Width --%

--%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

-- / --Bearish
ATR channel lower / upper

Current Volatility Envelope

$18.64 / $44.92Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

20.6Bearish
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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