Technical Analysis for BLZE - Backblaze, Inc.

Grade Last Price % Change Price Change
D 6.22 0.97% 0.06
BLZE closed up 0.97 percent on Monday, July 1, 2024, on approximately normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Up

Date Alert Name Type % Chg
1,2,3 Retracement Bearish Bearish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Stochastic Reached Overbought Strength 0.00%
Weak + Overbought Other 0.00%
Inside Day Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Pocket Pivot Bullish Swing Setup 0.97%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 6 hours ago
Down 1% about 11 hours ago
Up 3% 3 days ago
Rose Above Previous Day's High 3 days ago
Up 2% 3 days ago

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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 4.2
Average Volume 443,604
200-Day Moving Average 7.66
50-Day Moving Average 7.23
20-Day Moving Average 5.96
10-Day Moving Average 5.83
Average True Range 0.28
RSI (14) 47.09
ADX 39.88
+DI 21.55
-DI 25.07
Chandelier Exit (Long, 3 ATRs) 5.92
Chandelier Exit (Short, 3 ATRs) 6.20
Upper Bollinger Bands 6.41
Lower Bollinger Band 5.51
Percent B (%b) 0.79
BandWidth 15.16
MACD Line -0.33
MACD Signal Line -0.46
MACD Histogram 0.1308
Fundamentals Value
Market Cap 233.87 Million
Num Shares 37.6 Million
EPS -1.79
Price-to-Earnings (P/E) Ratio -3.47
Price-to-Sales 3.56
Price-to-Book 6.95
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.45
Resistance 3 (R3) 6.42 6.33 6.41
Resistance 2 (R2) 6.33 6.27 6.34 6.39
Resistance 1 (R1) 6.27 6.23 6.30 6.30 6.38
Pivot Point 6.18 6.18 6.19 6.19 6.18
Support 1 (S1) 6.12 6.12 6.15 6.15 6.06
Support 2 (S2) 6.03 6.08 6.04 6.05
Support 3 (S3) 5.97 6.03 6.03
Support 4 (S4) 6.00