Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

Backblaze, Inc. (NASDAQ:BLZE)

Long-Term Uptrend (+90) - BLZE is in a strong uptrend that is likely to continue. While BLZE is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

Open High Low BLZE Price Change
7.700 7.897 7.270 7.345 -0.345
Entry Signal

MarketClub’s Trade Triangles for BLZE

long term up The long-term trend has been UP since Jul 7th, 2023 at 5.050

intermediate term up The intermediate-term trend has been UP since Nov 3rd, 2023 at 5.595

short term up The short-term trend has been UP since Nov 27th, 2023 at 6.720

Smart Scan Analysis for BLZE

Based on our trend formula, BLZE is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for BLZE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.700 7.897 7.270 7.345 -0.345
Prev. Close Volume Bid Ask Time
7.690 280850 2023-12-04 14:40:11
52wk High8.1952wk High Date2023-01-24
52wk Low3.552wk Low Date2023-06-27
Average Volume242,449Shares Outstanding50,800
P/E Ratio-6.00000000
Get a free daily analysis and signals for Backblaze, Inc. (BLZE) - Request Your Free Report.