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BLOCK INC (SQ3.DE) Stock Technical Analysis

FRA:SQ3 - Deutsche Boerse Ag - US8522341036 - Common Stock - Currency: EUR

84.7  -2.62 (-3%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to SQ3. In the last year, SQ3 was one of the better performers, but we do observe some doubts in the very recent evolution.

Warning: SQ3 has an average volume of 4061 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, SQ3 did better than 95% of all other stocks.
SQ3 is one of the better performing stocks in the Financial Services industry, it outperforms 93% of 50 stocks in the same industry.
SQ3 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 SQ3 is lagging the market slightly.
In the last month SQ3 has a been trading in the 78.22 - 90.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
BLOCK INC / SQ3 Weekly stock chart
BLOCK INC / SQ3 Daily stock chart
Setup Rating and Analysis

6

SQ3 has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 84.39, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

64.51

93.64

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 82.87 to 84.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @80.77 from a horizontal line in the weekly time frame.
  • Support @79.09 from a horizontal line in the daily time frame.
  • Support @65.16 from a trend line in the weekly time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 85.39 to 86.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @89.24 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 92.24 to 92.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.58
Mansfield1.2
10 Day High90.5
10 Day Low78.22
20 Day High90.5
20 Day Low78.22
52 Week High94.9
52 Week Low48.79
Performance
1 Week1.96%
2 Weeks-0.65%
1 Month-1.52%
3 Month27.71%
6 Month49.01%
12 Month34.79%
2 Year17.57%
3 Year-27.18%
5 YearN/A
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)0.28
RSI(14)48.76
LBB81.35
UBB89.47
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
86.6082.863.74 (4.32%)23.16%
An entry @86.60. This is a Buy Stop order right above the resistance zone.An exit @82.86. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 3.74 points, which is 4.32%.For a 1.00% total portfolio risk, you can invest 23.16% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of SQ3. Please evaluate whether better entry and exit points can be found.
  • 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 / SQ3 Daily stock chart

BLOCK INC

FRA:SQ3 (2/4/2025, 7:00:00 PM)

84.7

-2.62 (-3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-3%
1 Week1.96%
2 Weeks-0.65%
1 Month-1.52%
3 Month27.71%
6 Month49.01%
12 Month34.79%
2 Year17.57%
3 Year-27.18%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.9
ATR(20)%3.4%
ATR Inc53.45%
Range Today4
ADR(20)2.45
ADR(20)%2.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.58
Mansfield1.2
10 Day High90.5
10 Day Low78.22
20 Day High90.5
20 Day Low78.22
52 Week High94.9
52 Week Low48.79
CS1 End84.39
CR1 Start85.39
Volume & EV
DER(3)0%
DER(5)0%
Volume5.91K
Volume Incr108.3%
Vol(5)6.79K
Vol(50)4.06K