BLOCK INC (SQ)

US8522341036 - Common Stock

71.14  -0.46 (-0.64%)

After market: 71 -0.14 (-0.2%)

Technical Rating and Analysis

1

Taking everything into account, SQ scores 1 out of 10 in our technical rating. SQ has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

SQ has an average volume of 8661150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that SQ is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
SQ is part of the Financial Services industry. There are 102 other stocks in this industry, SQ did better than 65% of them.
SQ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SQ is lagging the market.
In the last month SQ has a been trading in the 65.69 - 80.09 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
SQ Weekly chart
SQ Daily chart
Setup Rating and Analysis

3

The technical rating of SQ is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

66.17

85.56

We found 3 important support areas.

  • Support @69.47 from a horizontal line in the weekly time frame.
  • Support @67.94 from a trend line in the daily time frame.
  • Support @66.84 from a horizontal line in the daily time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 71.15 to 73.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @75.31 from a horizontal line in the daily time frame.
  • Resistance @79.60 from a horizontal line in the daily time frame.
  • Resistance @84.71 from a horizontal line in the weekly time frame.
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
CRS78.04
Mansfield-0.1
10 Day High76.5
10 Day Low65.69
20 Day High80.1
20 Day Low65.69
52 Week High87.52
52 Week Low38.85
Performance
1 Week6.43%
2 Weeks-3.9%
1 Month-9.39%
3 Month6.37%
6 Month38.14%
12 Month28.04%
2 Year-18.71%
3 Year-68.03%
5 Year14.83%
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)-0.04
RSI(14)45.09
LBB67.5
UBB76.74
SQ Daily chart

BLOCK INC

NYSE:SQ (5/8/2024, 7:19:58 PM)

After market: 71 -0.14 (-0.2%)

71.14

-0.46 (-0.64%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-0.64%
1 Week6.43%
2 Weeks-3.9%
1 Month-9.39%
3 Month6.37%
6 Month38.14%
12 Month28.04%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.48
ATR(20)%4.71%
ATR Inc
Range Today1.52
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High76.5
10 Day Low65.69
20 Day High80.1
20 Day Low65.69
52 Week High87.52
52 Week Low38.85
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.93M
Volume Incr90.37%
Vol(5)14.16M
Vol(50)8.66M