Block stock forecast: down to 73.71 USD SQ stock price prognosis

STOCK

Forecast for Tue 11 Jun 2024 price 73.61

Block stock price forecast for further price development down to -10.78% (time horizon: 1 day) and price target of 73.71 USD. Short-term (time horizon: 2 weeks) Block share price prediction for 2024-06-11 with daily closed price projections

Key Facts

Symbol SQ 

ISIN US8522341036 

CUSIP 852234103


Currency USD


Category Services-Prepackaged Software

Forecast price change %

Relative Strength Index (RSI)

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 56.42/100
    • 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
Old Westbury Funds Inc 2023-07-31 686822 Long
DFA INVESTMENT TRUST CO 2023-07-31 7365 Long
Growth Fund of America 2023-11-30 5607795 Long
New Economy Fund 2023-11-30 1155905 Long
GOLDMAN SACHS TRUST 2023-11-30 222 Long

Insider trading for Block

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1765417 Ahuja Amrita 2024-02-21 SALE Accept Accept Accept Accept
1803649 Grassadonia Brian 2024-03-04 SALE Accept Accept Accept Accept
1222287 Botha Roelof 2023-11-08 BUY Accept Reject Reject Reject
1683645 Dale Ajmere 2024-04-01 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 2024-03-13 SALE Accept Accept Accept Accept


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


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



Converting prices to returns Block.


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



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


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


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


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


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


Relative Strength Index (RSI) for Block. 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.


Moving Average Crossover


52W High 52W Low Market Cap

Similar shares


Block on Nasdaq

Block on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-05-27 73.71 2024-04-16 06:59
2024-05-28 73.83 2024-04-16 06:59
2024-05-24 73.79 2024-04-16 06:59
2024-05-22 73.77 2024-04-16 06:59
2024-05-23 73.85 2024-04-16 06:59
2024-05-20 73.89 2024-04-16 06:59
2024-05-21 73.86 2024-04-16 06:59
2024-06-07 73.66 2024-04-16 06:59
2024-06-10 73.64 2024-04-16 06:59
2024-06-11 73.61 2024-04-16 06:59
2024-05-30 73.73 2024-04-16 06:59
2024-05-31 73.70 2024-04-16 06:59
2024-06-06 73.67 2024-04-16 06:59
2024-06-05 73.67 2024-04-16 06:59
2024-05-29 73.78 2024-04-16 06:59
2024-06-03 73.75 2024-04-16 06:59
2024-06-04 73.70 2024-04-16 06:59
2024-04-22 74.35 2024-04-16 06:59
2024-04-23 74.62 2024-04-16 06:59
2024-05-15 73.87 2024-04-16 06:59
2024-05-17 73.92 2024-04-16 06:59
2024-04-24 74.43 2024-04-16 06:59
2024-04-25 74.42 2024-04-16 06:59
2024-05-16 73.82 2024-04-16 06:59
2024-04-26 73.84 2024-04-16 06:59
2024-05-03 74.23 2024-04-16 06:59
2024-04-30 74.38 2024-04-16 06:59
2024-05-09 74.12 2024-04-16 06:59
2024-05-10 73.86 2024-04-16 06:59
2024-04-17 73.64 2024-04-16 06:59
2024-04-18 73.84 2024-04-16 06:59
2024-04-19 74.09 2024-04-16 06:59
2024-04-29 74.21 2024-04-16 06:59
2024-05-02 74.36 2024-04-16 06:59
2024-05-06 74.09 2024-04-16 06:59
2024-05-07 73.97 2024-04-16 06:59
2024-05-08 74.39 2024-04-16 06:59
2024-05-01 73.79 2024-04-16 06:59
2024-05-13 73.88 2024-04-16 06:59
2024-05-14 73.87 2024-04-16 06:59

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.