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Bullish (BLSH) — chart, structure and Closelooknet read

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Signals for this name

Every Closelooknet reading that exists for BLSH, from the same nightly bakes the boards use. Research diary readings, not advice.

Weather around the name 3 macro readings: Money Temperature, Factor regime, Sovereign pressure

The weather around this name

Macro readings that apply by membership — the regime, the factor tape, the sector cell, the funding backdrop.

  • Money Temperature Composite 62/100 · S&P 500 fund at 67, bullish alignedEight instruments scored on position, momentum, volume, volatility and fragility — the regime every name trades inside. Temperature lab → 2026-09-25
  • Factor regime Momentum leading — risk appetite buildingMomentum against low volatility (SPMO / SPLV): above its 50-day trend, 99th percentile of the window, +8.4% over 20 sessions. Factor regime → 2026-09-25
  • Sovereign pressure Index 0.61 · up 0.29 over 21 sessionsG7 long-end yields, 10s30s and the slope — the funding weather for every balance sheet on this site. Sovereign pressure → 2026-09-25
How it trades on rate days beta 1.08 to TLT · on the worst bond days it fell more than the market

How it trades on rate days

How BLSH has moved when long-dated Treasury yields rise — measured against TLT, the 20+ year Treasury fund.

  • Beta to long bonds, 1 year 1.08 — shows only a loose link to bond moves for every 1% move in TLT (20+ year Treasuries), Bullish moved 1.08% on average · correlation 0.13 · higher than 90% of US names
  • Beta, last 3 months 2.40 more rate-sensitive lately than over the year
  • On the 10 worst bond days −2.72% on average against −0.74% for the S&P 500 the 10 sessions of the past year in which TLT fell most, i.e. long yields rose most
  • Latest of those days −1.05% TLT −1.29% that day 2026-09-24

Daily total returns from the adjusted price series; a TLT down day is a day long yields rose. Beta = the average move of the name for a 1% move in TLT. Past sensitivity, not a forecast. An investment diary, not a recommendation.

Who it is priced against Software - Infrastructure · US · 8 names with week and year-to-date

Peer group

Software - Infrastructure · US

This name carries no Closelooknet score, so its cohort ranks on trend state — distance to the 50- and 200-day averages — never on a score it does not have.

Compared against BLSH on the nightly bakes; the Peers tab ranks the cohort on the Closelooknet scores where it exists.

Company snapshot — Bullish

BLSH in five paragraphs: what it makes and sells, where it sits in the Closelooknet stack, who it is priced against, why we track it, what we watch. Research diary, not advice.

What it does
The company operates a digital asset exchange that matches spot and derivatives trades through a central order book paired with automated market-making, meant to keep liquidity steady and pricing predictable. It also runs CoinDesk Indices, benchmarks that track digital-asset prices for exchanges and asset managers, and CoinDesk Data, which streams live pricing and market analytics. It was founded in 2020 and is based in George Town, Cayman Islands.
Where it sits in the stack
It carries no seat in Rubin, our AI build-out index; within our wider universe it sits in the digital-asset infrastructure sleeve, alongside exchanges and data providers that serve crypto markets rather than semiconductor or compute supply chains.
Who it is priced against
The diary has no peer group set for this listing; the exchange most often named alongside it is Coinbase, another listed crypto trading venue.
Why Closelooknet tracks it
It holds no index seat in the diary and no Closelooknet score has been built yet; the diary has not quoted it in any edition so far.
What the diary watches
The diary watches whether trading volume and index licensing broaden enough to bring it into our coverage, and whether its recently listed shares settle into a stable trading pattern.

Bullish (BLSH) trades on US exchanges.

Written from the company’s public profile and Closelooknet’s own readings, 2026-09-17. Descriptive, refreshed with the registry; corrections welcome via the imprint. closelook.net is an investment research diary — market structure, index membership and scores are our own readings, not investment advice. Related: index compare · sector dispersion · scanner.

The Street on this name 2 analyst actions on the wire · latest: price target by Clear Street, 2026-09-21

The Street on this name

Analyst actions and the latest print for BLSH from the Closelooknet wires — third-party opinions on the record, not our readings.

  • Price target Clear Street — target 43 from 37 Target raised to $43 from $37 (+12.2% to spot) 2026-09-21
  • Price target Canaccord — target 45 from 50 Target cut to $45 from $50 (+80.3% to spot) 2026-08-18

2 actions on the analyst wire since 2026-08-13: 2 target changes. Analyst wire → · Earnings wire →

FAQ · from the current data · as of 2026-09-26

Quick answers

What is Bullish (BLSH)?

Bullish trades as BLSH on the US exchange (US) in the Closelooknet research universe, as of the registry build of 2026-09-26.

Is BLSH in a Closelooknet index?

Not currently — Bullish is tracked in the Closelooknet research universe but is not a constituent of a Closelooknet functional index as of 2026-09-26.

Where does BLSH trade against its moving averages?

Recovery attempt under the 200-day: Trades +26.9% vs the 50-day and +11.6% vs the 200-day average, 46.7% below the 52-week high and +82.9% off the 52-week low. Computed from daily closes. As of 2026-09-25 — a technical state from the nightly Closelooknet bake, not advice. The Technical tab carries the full row.

How does Bullish trade when bond yields rise?

Over the past year Bullish had a beta of 1.08 to TLT, the long-dated Treasury fund — it shows only a loose link to bond moves, higher than 90% of US names. On the 10 sessions in which long bonds fell most it moved −2.72% on average, against −0.74% for the S&P 500. The "How it trades on rate days" block on this page carries the lines.

What does Bullish do?

The company operates a digital asset exchange that matches spot and derivatives trades through a central order book paired with automated market-making, meant to keep liquidity steady and pricing predictable. It also runs CoinDesk Indices, benchmarks that track digital-asset prices for exchanges and asset managers, and CoinDesk Data, which streams live pricing and market analytics. It was founded in 2020 and is based in George Town, Cayman Islands. The diary has no peer group set for this listing; the exchange most often named alongside it is Coinbase, another listed crypto trading venue.

Where does Bullish sit in the AI build-out?

It carries no seat in Rubin, our AI build-out index; within our wider universe it sits in the digital-asset infrastructure sleeve, alongside exchanges and data providers that serve crypto markets rather than semiconductor or compute supply chains. It holds no index seat in the diary and no Closelooknet score has been built yet; the diary has not quoted it in any edition so far.

What has Wall Street done on Bullish recently?

The most recent analyst action on Bullish on the Closelooknet wire is a price target by Clear Street on 2026-09-21 (target 43 from 37). 2 actions on the analyst wire since 2026-08-13: 2 target changes. Analyst actions are third-party opinions recorded by the wire, not Closelooknet readings. The “The Street on this name” block on this page lists the moves; the full feeds are the analyst wire and the earnings wire.

What does this page show?

A live price chart with SMA overlays and drawing tools for BLSH, performance metrics, index-membership context and the Closelooknet structure read — an investment research diary view, not investment advice.

Related in the Closelooknet universe

then Software - Infrastructure. Scored names rank on their Closelooknet score; names without one rank on trend state — above or below their 50- and 200-day averages — never on a score they do not carry.