Blaize Holdings sell: week 9, fresh 7-day low
Blaize Holdings sinks 8.2% to a fresh 7-day low as distribution deepens
Blaize Holdings sell: week 9, fresh 7-day low
Our view last week
Blaize Holdings is in week 8 of a sell signal, and the week just closed gave back 8.8%, with sell volume back up to 93%. Capital flow stays in distribution, though a few short-term readings are starting to soften. Trading not recommended per our model: those holding an open short position will find the reference here to manage it.
This week's summary
Blaize Holdings carved out a fresh 7-day low this week, in the 1.19 area, on an 8.2% drop: last week a few short-term readings looked like they were softening, but money flow has gone back to deepening into distribution, more than triple where it stood 4 weeks ago. RSI and MACD are starting to lose edge, and sell volume still holds at 83%. The short sits at 6% profit.
IQS Phase
68
in tension
Signal Strength
57
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#5 / 137
US stocks
Trade P&L %
+6.11%
from signal to today
restricted Platinum content