Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With BLND Stock Today?
Blend Labs Inc (BLND) stock is higher by 1.23% while the S&P 500 is down -0.08% as of 9:42 AM on Wednesday, Mar 20. BLND has gained $0.04 from the previous closing price of $3.24 on volume of 12,401 shares. Over the past year the S&P 500 has gained 30.94% while BLND has gained 277.01%. BLND lost -$0.76 per share in the over the last 12 months.
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More About Blend Labs Inc
Blend Labs Inc is a cloud-based platform software platform that powers the digital interface between financial services firms and consumers. It supports and simplifies applications for mortgages, consumer loans, and deposit accounts. Its operating segments are Blend Platform and Title365.
Click Here to get the full Stock Report for Blend Labs Inc stock.
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