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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Backblaze, Inc. (NASDAQ:BLZE)

Sidelines Mode (+55) - BLZE is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid BLZE?

MarketClub looks at technical strength and momentum to determine if the timing is right for BLZE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_BLZE
Open High Low BLZE Price Change
6.34 6.50 6.26 6.40 +0.03
Entry Signal

MarketClub’s Trade Triangles for BLZE

long term up The long-term trend has been UP since Oct 11th, 2024 at 6.99

intermediate term up The intermediate-term trend has been UP since Dec 9th, 2024 at 7.00

short term down The short-term trend has been DOWN since Dec 13th, 2024 at 6.88

Smart Scan Analysis for BLZE

Based on our trend formula, BLZE is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for BLZE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.34 6.50 6.26 6.40 +0.03
Prev. Close Volume Bid Ask Time
6.37 170328 2024-12-26 14:42:04
52wk High12.6552wk High Date2024-03-08
52wk Low4.9152wk Low Date2024-08-06
Average Volume363,807Shares Outstanding57,600
Assets136,244,000MLiabilities93,413,000M
P/E Ratio-6.00000000
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