BLOCK INC (SQ) Stock Technical Analysis
NYSE:SQ - New York Stock Exchange, Inc. - US8522341036 - Common Stock - Currency: USD
Taking everything into account, SQ scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that SQ is one of the better performing stocks in the market, outperforming 83% of all stocks. On top of that, SQ also shows a nice and consistent pattern of rising prices.
SQ is part of the Financial Services industry. There are 101 other stocks in this industry. SQ outperforms 79% of them.
SQ is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SQ is lagging the market slightly.
SQ has an average volume of 8989890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SQ has a been trading in the 80.20 - 95.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SQ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 82.96, a Stop Loss order could be placed below this zone.
More info and screens
78.25
99.91
When analyzing the support we can see 2 important areas.
- A support zone ranging from 82.01 to 82.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @79.04 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 87.41 to 89.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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
CRS83.84
Mansfield0.87
10 Day High93.83
10 Day Low80.2
20 Day High95.78
20 Day Low80.2
52 Week High99.26
52 Week Low55
Performance
1 Week5.35%
2 Weeks0.24%
1 Month-8.03%
3 Month16.47%
6 Month27.69%
12 Month32.06%
2 Year6.41%
3 Year-28.89%
5 Year16.43%
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)-0.39
RSI(14)48.97
LBB80.51
UBB92.61
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 |
|---|---|---|---|
| 89.13 | 82.00 | 7.13 (8.00%) | 12.50% |
| An entry @89.13. This is a Buy Stop order right above the resistance zone. | An exit @82.00. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 7.13 points, which is 8.00%. | For a 1.00% total portfolio risk, you can invest 12.50% 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.
86.96
+0.58 (+0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.67%
1 Week5.35%
2 Weeks0.24%
1 Month-8.03%
3 Month16.47%
6 Month27.69%
12 Month32.06%
2 Year6.41%
3 Year-28.89%
5 Year16.43%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.45
ATR(20)%4.13%
ATR Inc-33.93%
Range Today2.05
ADR(20)3.24
ADR(20)%3.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.84
Mansfield0.87
10 Day High93.83
10 Day Low80.2
20 Day High95.78
20 Day Low80.2
52 Week High99.26
52 Week Low55
CS1 End82.96
CR1 Start87.41
Volume & EV
DER(3)0%
DER(5)1.07%
Volume5.80M
Volume Incr-10.18%
Vol(5)6.04M
Vol(50)8.99M