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.O) Moving Averages Convergence Divergence (MACD) indicator is -0.0819, suggesting BLZE.O is Strong sell.

Backblaze Inc (BLZE.O) 20-Day simple moving average is 4.893, while Backblaze Inc (BLZE.O) share price is $4.61, making it Sell.

Backblaze Inc (BLZE.O) 60-Day simple moving average is 5.115, while Backblaze Inc (BLZE.O) share price is $4.61, making it Sell.

Technical Analysis for BLZE

Technical Sentiment Analysis for Backblaze Inc (BLZE) As of 2026-01-29, Backblaze Inc (BLZE) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 2 indicators are flashing buy, while 9 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BLZE stands at 39.733, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.0819, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 36.19 and the Commodity Channel Index (CCI) at -136.013 further confirm a -0.26 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, BLZE is trading below its 60-day moving average of $5.115 and below its 200-day long-term moving average of $6.377. Key price levels to watch include the immediate resistance at $5.051 and strong support at $4.548. A break above $5.051 could signal a bull continuation, while falling below $4.548 may test the next Fibonacci floor at $4.292.

Backblaze Inc (BLZE) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	4.045	4.292	4.548	4.795	5.051	5.298	5.553
Fibonacci	4.292	4.485	4.603	4.795	4.987	5.106	5.298

Backblaze Inc (BLZE) Technical Indicators

2026-01-29

Name	Value
RSI_14	39.733
STOCHk_14_3_3	36.19
STOCHd_14_3_3	42.698
CCI_20	-136.013
AO_5_34	-0.0106
MOM_10	-0.26
MACD_12_26_9	-0.0819

Backblaze Inc (BLZE) Relative Strength Index (RSI) is 39.733, creating a Neutral signal.

Backblaze Inc (BLZE) Stochastic Oscillator is 36.19, creating a Neutral signal.

Backblaze Inc (BLZE) Stochastic RSI is 42.698, creating a Neutral signal.

Backblaze Inc (BLZE) Commodity Channel Index (CCI) is -136.013, creating a Buy signal.

Backblaze Inc (BLZE) Awesome Oscillator is -0.0106, creating a Sell signal.

Backblaze Inc (BLZE) Momentum is -0.26, creating a Sell signal.

Backblaze Inc (BLZE) MACD is -0.0819, creating a Sell signal.

Backblaze Inc (BLZE) Moving Average

2026-01-29

Period	Simple	Signal
MA_5	4.808	Sell
MA_10	4.803	Sell
MA_20	4.893	Sell
MA_60	5.115	Sell
MA_200	6.377	Sell
MA_250	6.271	Sell

Backblaze Inc (BLZE) 5-Day simple moving average is 4.808, while Backblaze Inc (BLZE) share price is $4.61, making it a Sell.

Backblaze Inc (BLZE) 10-Day simple moving average is 4.803, while Backblaze Inc (BLZE) share price is $4.61, making it a Sell.

Backblaze Inc (BLZE) 20-Day simple moving average is 4.893, while Backblaze Inc (BLZE) share price is $4.61, making it a Sell.

Backblaze Inc (BLZE) 60-Day simple moving average is 5.115, while Backblaze Inc (BLZE) share price is $4.61, making it a Sell.

Backblaze Inc (BLZE) 200-Day simple moving average is 6.377, while Backblaze Inc (BLZE) share price is $4.61, making it a Sell.

Backblaze Inc (BLZE) 250-Day simple moving average is 6.271, while Backblaze Inc (BLZE) share price is $4.61, making it a Sell.

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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 sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 2 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 4.548 and a major resistance level at 5.051. Traders also monitor the pivot point at 4.795 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 39.733. This indicates that the stock is in neutral 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 -0.0819, suggesting BLZE is strong sell. 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 $4.61, which is below its 200-day simple moving average of 6.377. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.