BLZE Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Backblaze Inc (BLZE) Moving Averages Convergence Divergence (MACD) indicator is 0.906, suggesting BLZE is Strong Buy.

Backblaze Inc (BLZE) 20-Day simple moving average is 4.969, while Backblaze Inc (BLZE) share price is $7.15, making it Buy.

Backblaze Inc (BLZE) 60-Day simple moving average is 4.161, while Backblaze Inc (BLZE) share price is $7.15, making it Buy.

Technical Analysis for BLZE

Technical Sentiment Analysis for Backblaze Inc (BLZE) As of 2026-05-11, Backblaze Inc (BLZE) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 8 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BLZE stands at 79.539, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 0.906, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 76.581 and the Commodity Channel Index (CCI) at 118.469 further confirm a 2.95 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, BLZE is trading below its 60-day moving average of $4.161 and below its 200-day long-term moving average of $6.011. Key price levels to watch include the immediate resistance at $8.166 and strong support at $3.881. A break above $8.166 could signal a bull continuation, while falling below $3.881 may test the next Fibonacci floor at $1.865.

Backblaze Inc (BLZE) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	-0.404	1.865	3.881	6.15	8.166	10.435	12.451
Fibonacci	1.865	3.502	4.513	6.15	7.787	8.798	10.435

Backblaze Inc (BLZE) Technical Indicators

2026-05-11

Name	Value
RSI_14	79.539
STOCHk_14_3_3	76.581
STOCHd_14_3_3	78.193
CCI_20	118.469
AO_5_34	3.128
MOM_10	2.95
MACD_12_26_9	0.906

Backblaze Inc (BLZE) Relative Strength Index (RSI) is 79.539, creating a Sell signal.

Backblaze Inc (BLZE) Stochastic Oscillator is 76.581, creating a Neutral signal.

Backblaze Inc (BLZE) Stochastic RSI is 78.193, creating a Neutral signal.

Backblaze Inc (BLZE) Commodity Channel Index (CCI) is 118.469, creating a Sell signal.

Backblaze Inc (BLZE) Awesome Oscillator is 3.128, creating a Buy signal.

Backblaze Inc (BLZE) Momentum is 2.95, creating a Buy signal.

Backblaze Inc (BLZE) MACD is 0.906, creating a Buy signal.

Backblaze Inc (BLZE) Moving Average

2026-05-11

Period	Simple	Signal
MA_5	7.424	Sell
MA_10	5.896	Buy
MA_20	4.969	Buy
MA_60	4.161	Buy
MA_200	6.011	Buy
MA_250	5.897	Buy

Backblaze Inc (BLZE) 5-Day simple moving average is 7.424, while Backblaze Inc (BLZE) share price is $7.15, making it a Sell.

Backblaze Inc (BLZE) 10-Day simple moving average is 5.896, while Backblaze Inc (BLZE) share price is $7.15, making it a Buy.

Backblaze Inc (BLZE) 20-Day simple moving average is 4.969, while Backblaze Inc (BLZE) share price is $7.15, making it a Buy.

Backblaze Inc (BLZE) 60-Day simple moving average is 4.161, while Backblaze Inc (BLZE) share price is $7.15, making it a Buy.

Backblaze Inc (BLZE) 200-Day simple moving average is 6.011, while Backblaze Inc (BLZE) share price is $7.15, making it a Buy.

Backblaze Inc (BLZE) 250-Day simple moving average is 5.897, while Backblaze Inc (BLZE) share price is $7.15, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for BLZE?

The overall technical consensus for Backblaze Inc (BLZE) is currently Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 3 sell signals.

What are the key support and resistance levels for Backblaze Inc (BLZE) today?

Based on pivot point calculations, Backblaze Inc (BLZE) has an immediate support level at 3.881 and a major resistance level at 8.166. Traders also monitor the pivot point at 6.15 to determine the intraday trend direction.

Is Backblaze Inc (BLZE) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Backblaze Inc (BLZE) is currently 79.539. This indicates that the stock is in overbought territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Backblaze Inc (BLZE)?

Backblaze Inc (BLZE) Moving Averages Convergence Divergence (MACD) indicator is 0.906, suggesting BLZE is Strong Buy. This indicator helps identify potential trend reversals or momentum shifts for Backblaze Inc.

How is Backblaze Inc (BLZE) performing relative to its 200-day moving average?

Backblaze Inc (BLZE) is currently trading at $7.15, which is above its 200-day simple moving average of 6.011. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.