Technical Analysis for SQ - Block, Inc

Grade Last Price % Change Price Change
F 60.18 -2.27% -1.40
SQ closed down 2.27 percent on Friday, July 26, 2024, on 1.64 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: Aug 1
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Multiple of Ten Bullish Other 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bearish Centerline Cross Bearish -2.27%
Stochastic Reached Oversold Weakness -2.27%
Down 3 Days in a Row Weakness -2.27%
Oversold Stochastic Weakness -2.27%
Fell Below 20 DMA Bearish -2.48%

   Recent Intraday Alerts

Alert Time
Lower Bollinger Band Support about 13 hours ago
60 Minute Opening Range Breakdown about 13 hours ago
2x Volume Pace about 15 hours ago
1.5x Volume Pace about 15 hours ago
3x Volume Pace about 15 hours ago

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Profile

Block, Inc Description

Block, Inc., together with its subsidiaries, creates tools that enables sellers to accept card payments and provides reporting and analytics, and next-day settlement. It provides hardware products, including Magstripe reader, which enables swiped transactions of magnetic stripe cards; Contactless and chip reader that accepts Europay, MasterCard, and Visa (EMV) chip cards and Near Field Communication payments; Square Stand, which enables an iPad to be used as a payment terminal or full point of sale solution; Square Register that combines its hardware, point-of-sale software, and payments technology; Square Terminal, a payments device and receipt printer to replace traditional keypad terminals, which accepts tap, dip, and swipe payments. The company also offers various software products, including Square Point of Sale; Square Appointments; Square for Retail; Square for Restaurants; Square Online and Square Online Checkout; Square Invoices; Square Virtual Terminal; Square Team Management; Square Contracts; Square Loyalty, Marketing, and Gift Cards; and Square Dashboard. In addition, it offers a developer platform, which includes application programming interfaces and software development kits. Further, the company provides Cash App, which enables to send, spend, and store money; and Weebly that offers customers website hosting and domain name registration solutions. It serves in the United States, Canada, Japan, Australia, and the United Kingdom. The company was formerly known as Square, Inc. and changed its name to Block, Inc. in December 2021. Block, Inc. was founded in 2009 and is headquartered in San Francisco, California.


Classification

Sector: Technology
Industry: Software - Application
Keywords: Payment Systems Mobile Payments Hardware Product Online Payments Smart Card Software Development Kits Ubiquitous Computing Payments Technology EMV Payment Terminal

Is SQ a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 87.52
52 Week Low 38.85
Average Volume 6,957,319
200-Day Moving Average 66.91
50-Day Moving Average 65.83
20-Day Moving Average 66.11
10-Day Moving Average 67.07
Average True Range 2.33
RSI (14) 33.33
ADX 20.25
+DI 19.81
-DI 34.36
Chandelier Exit (Long, 3 ATRs) 66.37
Chandelier Exit (Short, 3 ATRs) 66.85
Upper Bollinger Bands 72.75
Lower Bollinger Band 59.46
Percent B (%b) 0.05
BandWidth 20.11
MACD Line -0.58
MACD Signal Line 0.25
MACD Histogram -0.8284
Fundamentals Value
Market Cap 33.31 Billion
Num Shares 554 Million
EPS -0.46
Price-to-Earnings (P/E) Ratio -130.83
Price-to-Sales 2.10
Price-to-Book 2.31
PEG Ratio 0.83
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 62.88
Resistance 3 (R3) 63.07 62.37 62.43
Resistance 2 (R2) 62.37 61.68 62.27 62.28
Resistance 1 (R1) 61.27 61.25 60.92 61.08 62.13
Pivot Point 60.57 60.57 60.39 60.47 60.57
Support 1 (S1) 59.47 59.88 59.12 59.28 58.23
Support 2 (S2) 58.77 59.45 58.67 58.08
Support 3 (S3) 57.67 58.77 57.93
Support 4 (S4) 57.48