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Is BLZE primed for upward momentum? 1,2,3 Pullback Bullish shows up after crashing 8.38%

Backblaze, Inc. (BLZE) — Daily Technical Analysis & Swing Trading Signals · Jul 16, 2026, 17:50 ET
BLZE finished lower by 8.38% on Thursday, July 16th, trading 0.6 times its typical volume. Mixed technical signals appeared with 1,2,3 Pullback Bullish and Non-ADX 1,2,3,4 Bullish suggesting upside potential, while Fell Below 20 DMA indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 13.17, 12.61 & 11.53, with resistance at 14.81, 15.89 & 16.45.

Current SwingTradeBot Technical Rating of BLZE: A

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Backblaze, Inc. (BLZE)