Blend Labs, Inc.
Here’s whether Blend Labs, Inc. (BLND) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.
Positives: RSI 47 — healthy momentum range. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-10.19% over 10 days); weak 1-year return of -49.5%; 3-month momentum negative (-46.8%). Currently 65.0% off its 52-week high. Score: -5/7.
BLND is trading below its 200-day MA ($2.90) — a key warning sign the longer-term trend is under pressure. An RSI of 46.5 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of -49.5% compares to +35.1% for SPY (trailed the market by 84.6%). The current 65.0% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.