5 USD
-0.12 (-2.34%)
5.08 USD
+0.08 (+1.6%)
Taking everything into account, BLZE scores 0 out of 10 in our technical rating. BLZE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BLZE is a bad performer in the overall market: 91% of all stocks are doing better.
BLZE is part of the IT Services industry. There are 88 other stocks in this industry, of which 71% 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.
In the last month BLZE has a been trading in the 4.44 - 5.20 range, which is quite wide. It is currently trading near the high of this range.
BLZE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for BLZE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.21
5.23
4 important support areas can be observed.
- A support zone ranging from 4.80 to 4.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @4.56 from a trend line in the daily time frame.
- Support @4.40 from a horizontal line in the daily time frame.
- A support zone ranging from 4.25 to 4.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @5.18 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BLZE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BLZE is neutral. |
| ChartMill Relative Strength | 9.26 | NEGATIVE | BLZE has a low relative strength, it was outperformed by 90.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BLZE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BLZE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BLZE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48 | NEUTRAL | The RSI value for BLZE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests BLZE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.27 | OVERBOUGHT | The high Stochastics value suggests BLZE may be overbought. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for BLZE suggests some volalility. |
| Average Directional Index/ADX (14) | 24.5 | NEUTRAL | The ADX value for BLZE suggests a possible start of a new trend. |
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)
5
-0.12 (-2.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-2.34%
1 Week5.49%
2 Weeks4.17%
1 Month-0.6%
3 Month-47.03%
6 Month-3.1%
12 Month-19.22%
2 Year-39.02%
3 Year-29.97%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%3.99%
ATR Inc0.52%
Range Today0.23
ADR(20)0.19
ADR(20)%3.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.26
3 months CRS5.03
6 months CRS27.83
Mansfield-2.84
10 Day High5.2
10 Day Low4.63
20 Day High5.2
20 Day Low4.44
52 Week High10.86
52 Week Low3.94
CS1 End4.82
CR1 Start5.18
Volume & EV
DER(3)4.47%
DER(5)6.07%
Volume482.70K
Volume Incr-23.1%
Vol(5)597.32K
Vol(50)811.04K
BACKBLAZE INC-A / BLZE FAQ
What is the ChartMill technical rating of BACKBLAZE INC-A (BLZE) stock?
ChartMill assigns a technical rating of 0 / 10 to BLZE.
Can you provide the trend direction for BACKBLAZE INC-A?
The current trend direction for BACKBLAZE INC-A (BLZE) is Bearish.
What is the RSI signal for BLZE stock?
BACKBLAZE INC-A (BLZE) has an RSI value of 48.0029. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BACKBLAZE INC-A?
The short term momentum for BACKBLAZE INC-A (BLZE) is neutral.