Square Inc stock forecast: down to 61.81 USD SQ stock price prognosis

STOCK

Forecast for Fri 12 Jan 2024 price 62.95

Square Inc stock price forecast for further price development down to -4.57% (time horizon: 1 day) and price target of 61.81 USD. Negative news sentiment. Short-term (time horizon: 2 weeks) Square Inc share price prediction for 2024-01-12 with daily closed price projections

Key Facts

Symbol SQ

ISIN US8522341036

CUSIP 852234103

Currency USD

Category Services-Prepackaged Software

Forecast price change %

News sentiment (-0.70)

News <--> Close correlation for next day influence (0.07)

Finance numbers

Revenue 13,171,000,000.0

Earnings per share 0.76

On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

For our sellers, we provided resources with information and advice. We expect SFS will engage in certain lending activities related to Square Capital. Cash App has a diverse set of customers across demographics and domestic regions. Square earns interchange fees when individuals make purchases with Cash Card. As part of our compensation review program, we conduct pay equity analyses annually. We currently hold a New York State Bitlicense. The risks and uncertainties described below may not be the only ones we face. We also use retail partners to sell hardware and acquire customers. Expanding our business globally could subject us to new challenges and risks. Such bank may offer products that compete with ours. If we fail to meet such conditions, the fees we are charged will rise. If that were to occur, it could require significant changes to our business practices.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/1512673/000151267321000008/0001512673-21-000008.txt

Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

Meta analyst score 34.72/100

Good financial position.
Historical view, profit is growing.
Company revenue is not growing faster compared with the industry.
Stock price is above book price value.

Institutional ownership list is based on filling form information

Holding name	Date	Amount
A - BARCLAYS PLC	2023-06-30	1078255
A - OVERSEA-CHINESE BANKING Corp Ltd	2023-03-31	92720
A - OVERSEA-CHINESE BANKING Corp Ltd	2022-12-31	73433
Frank, Rimerman Advisors LLC	2020-12-31	2300
CGC Financial Services, LLC	2023-06-30	25

Fund ownership list is based on filling form information

Fund name	Date	Amount	Profile
First Trust Exchange-Traded Fund VIII	2023-02-28	8488	Long
First Trust Exchange-Traded Fund VIII	2023-02-28	14821	Long
First Trust Exchange-Traded Fund VIII	2023-02-28	448	Long
DBX ETF Trust	2023-02-28	1405	Long
DBX ETF Trust	2023-02-28	5700	Long

Insider trading for Square Inc

CIK	Name	Date	Action	T-Test 1day	T-Test 7day	T-Test 14day	T-Test 30day
1765417	Ahuja Amrita	2023-10-02	SALE	Accept	Accept	Accept	Reject
1803649	Grassadonia Brian	2023-10-02	SALE	Accept	Accept	Accept	Accept
1222287	Botha Roelof	2023-11-08	BUY	Accept	0	0	0
1683645	Dale Ajmere	2023-10-02	SALE	Accept	Accept	Accept	Accept
1658470	Henry Alyssa	2023-10-02	SALE	Accept	Accept	Accept	Accept
1626636	Summers Lawrence Henry	2023-07-31	SALE	Accept	Accept	Accept	Accept
1965569	Esperanza Chrysty	2023-10-02	SALE	Accept	Accept	Accept	Accept

Assets / Liabilities

Bollinger Bollinger Bands for Square Inc can provide the information where the market is moving based on price information.

Square Inc Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.

Converting prices to returns Square Inc.

On-Balance Volume information for Square Inc. On-Balance Volume information can be an indicator for bullish or bearish outcome.

Accumulation / Distribution (A/D) indicator information for Square Inc. The indicator identify divergences between price and volume flow.

Aroon Oscillator information for Square Inc. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.

Average Directional Index (ADX) information for Square Inc. The index can be used to identify the strengh of a trend.

Moving Average Convergence Divergence (MACD) for Square Inc. The indicator helps to predict trend direction and the momentum of the trend.

Stochastic Oscillator as momentum indicator for Square Inc. The indicator is useful for identifying overbought and oversold levels.

Relative Strength Index (RSI) for Square Inc. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].

Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.

The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.

The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.

52W High	52W Low	Market Cap

BlackBerry

News sentiment

Trend:

DUCK CREEK TECHNOLOGIES, INC

News sentiment

Square Inc on Nasdaq

Square Inc on finviz

Figure below show the stock predictions.

Date	Closing price	Prediction was updated
2024-01-01	61.81	2023-11-18 10:33
2023-12-06	59.28	2023-11-18 10:33
2023-12-07	59.37	2023-11-18 10:33
2024-01-04	62.20	2023-11-18 10:33
2024-01-05	62.31	2023-11-18 10:33
2023-12-08	59.75	2023-11-18 10:33
2023-12-11	59.86	2023-11-18 10:33
2023-12-12	59.92	2023-11-18 10:33
2024-01-11	62.82	2023-11-18 10:33
2024-01-12	62.95	2023-11-18 10:33
2023-12-13	60.26	2023-11-18 10:33
2023-12-14	60.32	2023-11-18 10:33
2023-12-15	60.41	2023-11-18 10:33
2024-01-02	61.93	2023-11-18 10:33
2024-01-03	62.09	2023-11-18 10:33
2024-01-08	62.46	2023-11-18 10:33
2024-01-09	62.58	2023-11-18 10:33
2023-12-18	60.52	2023-11-18 10:33
2023-12-19	60.67	2023-11-18 10:33
2023-12-20	60.77	2023-11-18 10:33
2023-12-21	60.92	2023-11-18 10:33
2023-12-22	61.05	2023-11-18 10:33
2024-01-10	62.70	2023-11-18 10:33
2023-12-25	61.22	2023-11-18 10:33
2023-12-26	61.28	2023-11-18 10:33
2023-12-27	61.42	2023-11-18 10:33
2023-12-28	61.61	2023-11-18 10:33
2023-12-29	61.68	2023-11-18 10:33

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.