Should You Buy Blink Charging Co (BLNK) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/28
BLNK is not a good buy right now for a Beginner long-term investor with $50k–$100k who doesn’t want to wait for a better setup. The stock is trading below key pivot/resistance, near fragile support, with weak growth quality and no proprietary buy signals; the risk/reward is unfavorable versus simply allocating to stronger, profitable long-term names.
Technical Analysis
Price/Trend: BLNK is at ~$0.8049 (down -4.58% today), trading below the pivot (~0.879) and below nearby resistance levels (R1 ~0.94, R2 ~0.978), which keeps the short-term trend biased downward/weak. Momentum: MACD histogram is positive (0.0154) but ‘positively contracting,’ suggesting upside momentum is fading rather than accelerating. RSI(6) ~40.9 sits in the lower-neutral zone, leaning weak (not oversold enough to suggest a high-conviction reversal). Levels: Immediate support is S1 ~0.817 (already being tested/undercut) and S2 ~0.78; a break/hold below these increases downside risk. With converging moving averages and price below pivot, the chart does not show a clean long-term entry signal.
