Backblaze Stock Momentum Indicators Percentage Price Oscillator

BLZE Stock  USD 6.43  0.06  0.94%   
Backblaze momentum indicators tool provides the execution environment for running the Percentage Price Oscillator indicator and other technical functions against Backblaze. Backblaze value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Percentage Price Oscillator indicator function is designed to identify and follow existing trends. Momentum indicators of Backblaze are pattern recognition functions that provide distinct formation on Backblaze potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Fast Period, Slow Period and MA Type to execute this model.

The output start index for this execution was nine with a total number of output elements of fifty-two. The Percentage Price Oscillator is a momentum indicator that describes the relationship between two Backblaze moving averages.

Backblaze Technical Analysis Modules

Most technical analysis of Backblaze help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Backblaze from various momentum indicators to cycle indicators. When you analyze Backblaze charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Backblaze Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Backblaze. We use our internally-developed statistical techniques to arrive at the intrinsic value of Backblaze based on widely used predictive technical indicators. In general, we focus on analyzing Backblaze Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Backblaze's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Backblaze's intrinsic value. In addition to deriving basic predictive indicators for Backblaze, we also check how macroeconomic factors affect Backblaze price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2023 2024 (projected)
Payables Turnover15.9722.8712.71
Days Of Inventory On Hand56.3250.6953.22
Hype
Prediction
LowEstimatedHigh
2.846.4410.04
Details
Intrinsic
Valuation
LowRealHigh
4.488.0811.68
Details
6 Analysts
Consensus
LowTargetHigh
9.6410.5911.75
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.12-0.11-0.1
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Backblaze. Your research has to be compared to or analyzed against Backblaze's peers to derive any actionable benefits. When done correctly, Backblaze's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Backblaze.

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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When determining whether Backblaze is a strong investment it is important to analyze Backblaze's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Backblaze's future performance. For an informed investment choice regarding Backblaze Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Backblaze. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Backblaze Stock refer to our How to Trade Backblaze Stock guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Backblaze. If investors know Backblaze will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Backblaze listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.12)
Revenue Per Share
3.629
Quarterly Revenue Growth
0.288
Return On Assets
(0.20)
Return On Equity
(1.03)
The market value of Backblaze is measured differently than its book value, which is the value of Backblaze that is recorded on the company's balance sheet. Investors also form their own opinion of Backblaze's value that differs from its market value or its book value, called intrinsic value, which is Backblaze's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Backblaze's market value can be influenced by many factors that don't directly affect Backblaze's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Backblaze's value and its price as these two are different measures arrived at by different means. Investors typically determine if Backblaze is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Backblaze's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.