Backblaze inc BLZE.US Trend Analysis

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BLZE Trend Score

3

24

15

Consolidation
  • AI analysis rates BLZE   with a medium trend score of 3.
  • It is mainly because the moving averages and AI trend signal  do not indicate a distinct direction .
  • Historically, BLZE had a trend score of 3 on 29 occasions, with a 58% probability of profits and an average 3.79% increase in period returns.
  • Recently, following the change in BLZE's trend score to 3, the stock price has experienced a 0.57% decrease.

BLZE Trend Reference Factors

Exclusive

The Trend score is derived from various data, mainly including price, volume, technical indicators and other information. The following lists two important factors when evaluating.

Update to 2025/05/10 (Daily Update)

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BLZE Historical Trend Score

You can use historical scores of 3 or above to observe potential performance and make investment decisions.

BLZE Trend Strategy Backtest

The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.

Entry
Exit

The Backtest Result of BLZE from 2022/01 till Now

-9.88%
Cumulative Return
-3.16%
Annual Return
37.24%
Volatility
-0.08
Sharpe Ratio

Statistics data for entering at or above a Trend score of 4 and exiting at or below a Trend score of 2 from January, 2022 to May, 2025. (Total Trades: 9)

BLZESectorUS Overall Market
Wining Rate22%34%33%
Avg Return-0.3%1.6%1%
Avg Profit24.5%19.3%14.7%
Avg Loss-7.3%-7.4%-5.8%
Avg Risk-Reward Ratio334%261.2%252.7%

Update to 2025/5/10 (Daily Update)

Top 10 High Relevance to BLZE Trend Score