Is Backblaze, Inc. technically bullish or bearish?
As of October 24, 2025, Backblaze, Inc. shows a bullish technical trend with positive momentum from MACD and Bollinger Bands, despite some bearish signals from KST and OBV, and has significantly outperformed the S&P 500 year-to-date.
As of 24 October 2025, the technical trend for Backblaze, Inc. has changed from mildly bullish to bullish. The weekly and monthly MACD are both bullish, indicating positive momentum. Bollinger Bands are also bullish on both time frames, reinforcing the upward trend. The daily moving averages are bullish, suggesting strong short-term support. However, the KST shows a bearish signal on the monthly, and the OBV is mildly bearish on the weekly, indicating some selling pressure. The stock has outperformed the S&P 500 significantly year-to-date with a return of 73.42% compared to the S&P 500's 15.47%. Overall, the current technical stance is bullish, with strong indicators supporting this view.
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