Technical Analysis for BLZE - Backblaze, Inc.

Grade Last Price % Change Price Change
F 5.68 -8.83% -0.55
BLZE closed down 1.27 percent on Wednesday, November 20, 2024, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
NR7 Range Contraction -8.83%
Oversold Stochastic Weakness -8.83%
Lower Bollinger Band Walk Weakness -9.98%
Gapped Down Weakness -9.98%
Lower Bollinger Band Touch Weakness -9.98%
Oversold Stochastic Weakness -9.98%
50 DMA Resistance Bearish -10.83%
Calm After Storm Range Contraction -10.83%
Gapped Up Strength -10.83%
Oversold Stochastic Weakness -10.83%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown 1 minute ago
2x Volume Pace about 1 hour ago
1.5x Volume Pace about 1 hour ago
3x Volume Pace about 1 hour ago
10x Volume Pace about 1 hour ago

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Backblaze, Inc. Description

Backblaze, Inc., a storage cloud platform, provides businesses and consumers with solutions to store, use, and protect the data worldwide. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases. This service is offered as a consumption-based Infrastructure-as-a-Service (IaaS) and serves use cases, including backups, multi-cloud, application development, and ransomware protection. In addition, the company offers Backblaze Computer Backup that automatically backs up data from laptops and desktops for businesses and individuals, which provides as a subscription-based Software-as-a-Service and serves use cases comprising computer backup, ransomware protection, theft and loss protection, and remote access. It serves the public cloud IaaS storage and Data-Protection-as-a-Service markets. The company was incorporated in 2007 and is headquartered in San Mateo, California.


Classification

Sector: Technology
Industry: Software - Infrastructure
Keywords: Computing Cloud Computing Cloud Infrastructure Cloud Services Cloud Storage IT Infrastructure Backup Software Computer Data Storage Infrastructure As A Service Network File Systems

Is BLZE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 12.65
52 Week Low 4.91
Average Volume 223,280
200-Day Moving Average 7.59
50-Day Moving Average 6.75
20-Day Moving Average 7.06
10-Day Moving Average 6.73
Average True Range 0.38
RSI (14) 36.71
ADX 31.17
+DI 18.45
-DI 34.41
Chandelier Exit (Long, 3 ATRs) 6.95
Chandelier Exit (Short, 3 ATRs) 7.14
Upper Bollinger Bands 8.08
Lower Bollinger Band 6.04
Percent B (%b) 0.09
BandWidth 28.91
MACD Line -0.16
MACD Signal Line 0.00
MACD Histogram -0.1578
Fundamentals Value
Market Cap 234.25 Million
Num Shares 37.6 Million
EPS -1.79
Price-to-Earnings (P/E) Ratio -3.48
Price-to-Sales 3.56
Price-to-Book 6.95
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.53
Resistance 3 (R3) 6.54 6.45 6.48
Resistance 2 (R2) 6.45 6.37 6.44 6.46
Resistance 1 (R1) 6.34 6.33 6.30 6.33 6.45
Pivot Point 6.25 6.25 6.23 6.25 6.25
Support 1 (S1) 6.14 6.17 6.10 6.13 6.01
Support 2 (S2) 6.05 6.13 6.05 6.00
Support 3 (S3) 5.94 6.05 5.98
Support 4 (S4) 5.93