BACKBLAZE INC-A (BLZE)
US05637B1052 - Common Stock
Overall BLZE gets a technical rating of 2 out of 10. BLZE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, BLZE is a bad performer in the overall market: 67% of all stocks are doing better.
BLZE is part of the IT Services industry. There are 83 other stocks in this industry, of which 68% are performing better than BLZE.
BLZE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month BLZE has a been trading in the 5.50 - 8.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BLZE has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.61
7.69
When analyzing the support we can see 2 important areas.
- Support @6.07 from a trend line in the weekly time frame.
- A support zone ranging from 5.67 to 5.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 6.73 to 6.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @7.35 from a horizontal line in the weekly time frame.
- Resistance @7.61 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.33
Mansfield-2.24
10 Day High6.8
10 Day Low5.5
20 Day High8.08
20 Day Low5.5
52 Week High12.65
52 Week Low4.91
Performance
1 Week7.52%
2 Weeks7.01%
1 Month-6.28%
3 Month16.87%
6 Month11.63%
12 Month-14.29%
2 Year9.27%
3 Year-60.21%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)50.87
LBB5.82
UBB7.02
BACKBLAZE INC-A
NASDAQ:BLZE (12/2/2024, 8:26:35 PM)
Premarket: 7.2 +0.48 (+7.14%)6.72
+0.23 (+3.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg3.54%
1 Week7.52%
2 Weeks7.01%
1 Month-6.28%
3 Month16.87%
6 Month11.63%
12 Month-14.29%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.43
ATR(20)%7.08%
ATR Inc
Range Today0.39
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High6.8
10 Day Low5.5
20 Day High8.08
20 Day Low5.5
52 Week High12.65
52 Week Low4.91
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume468.00K
Volume Incr28.32%
Vol(5)641.59K
Vol(50)362.75K