Sell signal · week 22 · US stocks
Blaize Holdings plunges 38.7% and closes below its old 90-week low
Our view last week
Blaize Holdings sheds another 6.6% after last week's 19% drop and closes in on its 90-week low, in the 0.42 area, without breaking it. The decline is running on contracting volume, with the ADX falling for 16 weeks. Blaize Holdings stock sits 73% below its 50-week average: our technical analysis keeps the trade setup on the sell side, with the short more than 60% in the money on one of the more volatile tech stocks, while money flow, still negative, edges back up.
This week's summary
Blaize Holdings plunges 38.7% and closes below the 90-week low it had only approached a week ago: a third straight weekly loss, with 3 lower highs on the daily chart. Blaize Holdings stock sits 83% below its 50-week average and our technical analysis keeps the trade setup on the sell side, with the short more than 77% in the money. Price action is bearish and money flow, which had edged up last week, is weakening again on one of the more volatile tech stocks.
IQS Phase
66
in tension
Signal Strength
73
decline starting to make lower lows
Sizing
STANDARD
Ranking
#12 / 174
US stocks
Trade P&L %
+77.54%
from signal to date, no stop loss
Blaize (BZAI) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 12th among the 174 sell signals for US stocks in our ranking, with a signal strength of 73 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimein strong phase
Performanceweekly -0.52% · monthly +5.81%
BZAI belongs to the growth tech sector (reference ETF XLK). The sector is classified in strong phase according to our weekly reading.
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