BLOCK INC (SQ)
US8522341036 - Common Stock
We assign a technical rating of 7 out of 10 to SQ. In the last year, SQ was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
SQ is one of the better performing stocks in the Financial Services industry, it outperforms 87% of 99 stocks in the same industry.
SQ is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SQ is performing more or less in line with the market.
SQ has an average volume of 8617450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SQ is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month SQ has a been trading in the 84.82 - 99.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although SQ has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
76.54
99.91
When analyzing the support we can see 2 important areas.
- A support zone ranging from 84.76 to 86.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @77.31 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 98.25 to 98.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.85
Mansfield1.65
10 Day High92.65
10 Day Low84.82
20 Day High99.26
20 Day Low84.82
52 Week High99.26
52 Week Low55
Performance
1 Week0.74%
2 Weeks5.57%
1 Month-6.83%
3 Month37.51%
6 Month40.1%
12 Month37.63%
2 Year12.78%
3 Year-24.64%
5 Year23.39%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.78
RSI(14)54.63
LBB84.37
UBB95.21
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 98.93 | 84.81 | 14.12 (14.27%) | 7.01% |
| An entry @98.93. This is a Buy Stop order right above the resistance zone. | An exit @84.81. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 14.12 points, which is 14.27%. | For a 1.00% total portfolio risk, you can invest 7.01% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BLOCK INC
NYSE:SQ (1/3/2025, 10:08:54 PM)
After market: 92.5 +0.34 (+0.37%)92.16
+5.41 (+6.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg6.24%
1 Week0.74%
2 Weeks5.57%
1 Month-6.83%
3 Month37.51%
6 Month40.1%
12 Month37.63%
2 Year12.78%
3 Year-24.64%
5 Year23.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.56
ATR(20)%3.95%
ATR Inc19.6%
Range Today3.42
ADR(20)3.34
ADR(20)%3.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.85
Mansfield1.65
10 Day High92.65
10 Day Low84.82
20 Day High99.26
20 Day Low84.82
52 Week High99.26
52 Week Low55
CS1 End86.23
CR1 Start98.25
Volume & EV
DER(3)1.03%
DER(5)-0.28%
Volume10.63M
Volume Incr-20.8%
Vol(5)6.17M
Vol(50)8.62M