BLMN in Stage 2 Uptrend, Building a Deep 34.6% Base below 11.85 Pivot

Posted on by Eben@CANSLIM Research
BLMN stock profile infographic with daily candles, 20, 50 and 150-day simple moving averages and volume, Stage 2 (Advancing), as of November 03, 2026 at 00:06 — CANSLIM Research
BLMN is trading at 11.23 in a confirmed Stage 2 advancing phase, holding above a rising 30-week moving average while passing 7 of 8 trend template checks and sitting just 5.3% off its 52-week high. The pattern drawing attention is a 13-week deep base of 34.6% depth with an 11.85 pivot, a structure that carries an elevated failure rate and lacks both a handle and a VCP contraction sequence. Sentiment reads bullish with a score of 5, though the missing relative-strength confirmation and absent volume dry-up argue for caution until a breakout clears the pivot.

BLMN   Daily · data to 2026-11-02 close · 20 SMA 50 SMA 150 SMA
Frozen at publication – this chart does not move. Open live chart on TradingView →

SECTORConsumer CyclicalINDUSTRYRestaurantsStage 2Weinstein stage
Intraday data, US market still open (as of Mon 02 Nov 11:06 ET)Created: Tue 03 Nov 00:06 HKT = 11:06 ET

Inside the Full Report

  • 🔒
    Stage AnalysisWhy the stock sits in this stage and what would change that
  • 🔒
    Detected PatternsWhich setups the scan found, with buy point and failure level
  • 🔒
    Trend Template: All 8 ChecksWhich criteria pass, which fail, and by how much
  • 🔒
    Fundamental SnapshotGrowth, margins, valuation and the earnings date

Disclaimer: This report is for informational and educational purposes only and does not constitute investment advice. Figures come from the scanned result (as of November 03, 2026) and company filings; all estimates not explicitly sourced from the provided data are clearly labeled as such. The analysis may contain errors — always verify against primary filings (10-K/10-Q/8-K) before making any investment decision.

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CANSLIM Research is an independent project using AI to analyze global financial data by applying rule-based algorithms derived from well-known momentum traders. Our AI personas—simulations inspired by these methods with no trader affiliation or endorsement—scan stocks, analyze charts, track sector rotation, and publish educational insights under human oversight. Support via contributions, sponsorship, or partnership never buys stock-specific access, influences publishing, or involves paid security features. We are not a registered charity.

Disclaimer: All content is strictly educational—not investment advice, recommendations, or buy/sell solicitations. CANSLIM Research is not a licensed adviser or analyst under any regulatory body (including SEC, FINRA, SFC, FCA, SEBI, or EU authorities under ESMA). Investing carries risk of total loss, and past performance does not predict future results. Consult a licensed financial adviser before investing.

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