Is Backblaze, Inc. technically bullish or bearish?
As of September 3, 2025, Backblaze, Inc. is in a bullish trend with strong indicators, outperforming the S&P 500 significantly with a year-to-date return of 61.46% compared to 12.22%.
As of 3 September 2025, the technical trend for Backblaze, Inc. has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this position. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish as well. Daily moving averages also indicate a bullish trend. However, the monthly KST is bearish, and the Dow Theory shows a mildly bullish stance on a monthly basis, while the weekly shows no trend. In terms of performance, Backblaze has outperformed the S&P 500 significantly across multiple periods, with a year-to-date return of 61.46% compared to the S&P 500's 12.22%, and a one-year return of 60.93% versus 17.14%.
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