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Block Inc
Buy, Hold or Sell?

Let's analyse Block together

PenkeI guess you are interested in Block Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Block Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Block (30 sec.)










What can you expect buying and holding a share of Block? (30 sec.)

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
A$47.25
Expected worth in 1 year
A$50.89
How sure are you?
78.6%

+ What do you gain per year?

Total Gains per Share
A$3.63
Return On Investment
3.2%

For what price can you sell your share?

Current Price per Share
A$115.14
Expected price per share
A$94.66 - A$130.00
How sure are you?
50%

1. Valuation of Block (5 min.)




Live pricePrice per Share (EOD)

A$115.14

2. Growth of Block (5 min.)




Is Block growing?

Current yearPrevious yearGrowGrow %
How rich?$18.6b$17b$911.1m5.1%

How much money is Block making?

Current yearPrevious yearGrowGrow %
Making money$2.4m-$135.1m$137.6m5,633.6%
Net Profit Margin0.0%-3.2%--

How much money comes from the company's main activities?

3. Financial Health of Block (5 min.)




What can you expect buying and holding a share of Block? (5 min.)

Welcome investor! Block's management wants to use your money to grow the business. In return you get a share of Block.

What can you expect buying and holding a share of Block?

First you should know what it really means to hold a share of Block. And how you can make/lose money.

Speculation

The Price per Share of Block is A$115.14. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Block.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Block, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$47.25. Based on the TTM, the Book Value Change Per Share is A$0.91 per quarter. Based on the YOY, the Book Value Change Per Share is A$8.84 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Block.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.290.3%0.000.0%-0.22-0.2%0.000.0%0.000.0%
Usd Book Value Change Per Share1.391.2%0.580.5%5.684.9%2.171.9%2.171.9%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share1.391.2%0.580.5%5.684.9%2.171.9%2.171.9%
Usd Price Per Share74.96-61.97-72.64-38.46-38.46-
Price to Earnings Ratio64.81--213.88--195.31--116.91--116.91-
Price-to-Total Gains Ratio53.77-204.14--25.26-89.44-89.44-
Price to Book Ratio2.47-2.12-2.61-1.35-1.35-
Price-to-Total Gains Ratio53.77-204.14--25.26-89.44-89.44-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share73.954422
Number of shares13
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.582.17
Usd Total Gains Per Share0.582.17
Gains per Quarter (13 shares)7.5928.18
Gains per Year (13 shares)30.35112.73
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1030200113103
2061500225216
3091800338329
401211100451442
501521400564555
601821700676668
702122000789781
802432300902894
90273260010151007
100303290011271120

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.03.00.025.0%4.08.00.033.3%6.08.00.042.9%6.08.00.042.9%6.08.00.042.9%
Book Value Change Per Share4.00.00.0100.0%9.03.00.075.0%11.03.00.078.6%11.03.00.078.6%11.03.00.078.6%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.014.00.0%0.00.014.00.0%0.00.014.00.0%
Total Gains per Share4.00.00.0100.0%9.03.00.075.0%11.03.00.078.6%11.03.00.078.6%11.03.00.078.6%

Fundamentals of Block

About Block Inc

Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally. It operates through two segments, Square and Cash App. The Square segment offers commerce products for restaurants, appointments, retail, point of sale, online, online checkout, and invoices, as well as virtual terminals, risk and order managers, and payment and commerce application programming interfaces; managed payment services; software solutions; hardware products, such as registers, terminals, stands, and readers for contactless and chips; banking services consisting of lending, instant transfer, and checking and savings accounts; and full-service setup and support services. This segment also provides loyalty, marketing, team management, and payroll services; and gift cards. The Cash App segment offers financial tools within the mobile Cash App, including peer-to-peer payments, bitcoin, and stock investment brokerage; Cash App Card, a debit card; direct deposit, cash boost, and tax preparation services; and Afterpay, a buy now, pay later platform. This segment also provides Pay in 4, monthly payment solutions, advertising and affiliate, shop directory, and Cash App Pay services; and business accounts, and Afterpay and Afterpay Plus cards. In addition, the company operates TIDAL, a platform for musicians and fans; TBD, an open developer platform focused on making the decentralized financial world accessible; Bitkey, a self-custody bitcoin wallet; and Spiral, which focuses on bitcoin open source work. It serves businesses, sellers, and individuals through e-commerce and retail distribution channels. The company was formerly known as Square, Inc. and changed its name to Block, Inc. in December 2021. Block, Inc. was incorporated in 2009 and is based in Oakland, California.

Fundamental data was last updated by Penke on 2024-03-29 10:41:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is not making a profit/loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is fair priced.

1.1. Profitability of Block Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Block earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Block to the Software - Infrastructure industry mean.
  • A Net Profit Margin of 3.1% means that $0.03 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Block Inc:

  • The MRQ is 3.1%. The company is making a profit. +1
  • The TTM is 0.0%. The company is not making a profit/loss.
Trends
Current periodCompared to+/- 
MRQ3.1%TTM0.0%+3.1%
TTM0.0%YOY-3.2%+3.2%
TTM0.0%5Y0.1%-0.1%
5Y0.1%10Y0.1%0.0%
1.1.2. Return on Assets

Shows how efficient Block is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Block to the Software - Infrastructure industry mean.
  • 0.5% Return on Assets means that Block generated $0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Block Inc:

  • The MRQ is 0.5%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.0%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.5%TTM0.0%+0.5%
TTM0.0%YOY-0.5%+0.5%
TTM0.0%5Y0.2%-0.2%
5Y0.2%10Y0.2%0.0%
1.1.3. Return on Equity

Shows how efficient Block is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Block to the Software - Infrastructure industry mean.
  • 1.0% Return on Equity means Block generated $0.01 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Block Inc:

  • The MRQ is 1.0%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.0%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.0%TTM0.0%+1.0%
TTM0.0%YOY-0.8%+0.8%
TTM0.0%5Y1.2%-1.2%
5Y1.2%10Y1.2%0.0%

1.2. Operating Efficiency of Block Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Block is operating .

  • Measures how much profit Block makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Block to the Software - Infrastructure industry mean.
  • An Operating Margin of 3.8% means the company generated $0.04  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Block Inc:

  • The MRQ is 3.8%. The company is operating less efficient.
  • The TTM is 0.3%. The company is operating inefficient. -1
Trends
Current periodCompared to+/- 
MRQ3.8%TTM0.3%+3.5%
TTM0.3%YOY-2.7%+3.0%
TTM0.3%5Y-0.4%+0.6%
5Y-0.4%10Y-0.4%0.0%
1.2.2. Operating Ratio

Measures how efficient Block is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software - Infrastructure industry mean).
  • An Operation Ratio of 0.99 means that the operating costs are $0.99 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Block Inc:

  • The MRQ is 0.992. The company is less efficient in keeping operating costs low.
  • The TTM is 1.005. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ0.992TTM1.005-0.013
TTM1.005YOY1.369-0.364
TTM1.0055Y1.279-0.275
5Y1.27910Y1.2790.000

1.3. Liquidity of Block Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Block is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Software - Infrastructure industry mean).
  • A Current Ratio of 1.90 means the company has $1.90 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Block Inc:

  • The MRQ is 1.901. The company is able to pay all its short-term debts. +1
  • The TTM is 1.889. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.901TTM1.889+0.011
TTM1.889YOY1.870+0.019
TTM1.8895Y1.863+0.027
5Y1.86310Y1.8630.000
1.3.2. Quick Ratio

Measures if Block is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Block to the Software - Infrastructure industry mean.
  • A Quick Ratio of 1.72 means the company can pay off $1.72 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Block Inc:

  • The MRQ is 1.720. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.868. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.720TTM1.868-0.148
TTM1.868YOY2.032-0.164
TTM1.8685Y1.674+0.194
5Y1.67410Y1.6740.000

1.4. Solvency of Block Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Block assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Block to Software - Infrastructure industry mean.
  • A Debt to Asset Ratio of 0.45 means that Block assets are financed with 45.1% credit (debt) and the remaining percentage (100% - 45.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Block Inc:

  • The MRQ is 0.451. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.444. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.451TTM0.444+0.008
TTM0.444YOY0.425+0.019
TTM0.4445Y0.579-0.135
5Y0.57910Y0.5790.000
1.4.2. Debt to Equity Ratio

Measures if Block is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Block to the Software - Infrastructure industry mean.
  • A Debt to Equity ratio of 82.3% means that company has $0.82 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Block Inc:

  • The MRQ is 0.823. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.798. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.823TTM0.798+0.024
TTM0.798YOY0.741+0.057
TTM0.7985Y1.912-1.114
5Y1.91210Y1.9120.000

2. Market Valuation of Block Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Block generates.

  • Above 15 is considered overpriced but always compare Block to the Software - Infrastructure industry mean.
  • A PE ratio of 64.81 means the investor is paying $64.81 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Block Inc:

  • The EOD is 63.948. Based on the earnings, the company is expensive. -2
  • The MRQ is 64.814. Based on the earnings, the company is expensive. -2
  • The TTM is -213.882. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD63.948MRQ64.814-0.866
MRQ64.814TTM-213.882+278.696
TTM-213.882YOY-195.314-18.569
TTM-213.8825Y-116.913-96.969
5Y-116.91310Y-116.9130.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Block Inc:

  • The EOD is -13.403. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -13.584. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 38.686. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD-13.403MRQ-13.584+0.182
MRQ-13.584TTM38.686-52.271
TTM38.686YOY-699.663+738.350
TTM38.6865Y-188.851+227.537
5Y-188.85110Y-188.8510.000
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Block is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Software - Infrastructure industry mean).
  • A PB ratio of 2.47 means the investor is paying $2.47 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Block Inc:

  • The EOD is 2.437. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.470. Based on the equity, the company is underpriced. +1
  • The TTM is 2.124. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.437MRQ2.470-0.033
MRQ2.470TTM2.124+0.346
TTM2.124YOY2.613-0.489
TTM2.1245Y1.353+0.770
5Y1.35310Y1.3530.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Block Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--2.1700.909+139%8.836-75%3.375-36%3.375-36%
Book Value Per Share--47.25345.362+4%43.060+10%28.149+68%28.149+68%
Current Ratio--1.9011.889+1%1.870+2%1.863+2%1.863+2%
Debt To Asset Ratio--0.4510.444+2%0.425+6%0.579-22%0.579-22%
Debt To Equity Ratio--0.8230.798+3%0.741+11%1.912-57%1.912-57%
Dividend Per Share----0%-0%-0%-0%
Eps--0.4500.006+7215%-0.342+176%-0.006+101%-0.006+101%
Free Cash Flow Per Share---2.148-0.032-99%0.003-66880%0.141-1625%0.141-1625%
Free Cash Flow To Equity Per Share---0.124-0.184+48%0.065-292%0.670-119%0.670-119%
Gross Profit Margin---1.84212.890-114%10.442-118%7.095-126%7.095-126%
Market Cap70890891098.880-1%71866310700.00059404255269.080+21%69630259697.760+3%36867004276.240+95%36867004276.240+95%
Net Profit Margin--0.0310.000+67163%-0.032+203%0.001+3740%0.001+3740%
Operating Margin--0.0380.003+1247%-0.027+171%-0.004+109%-0.004+109%
Operating Ratio--0.9921.005-1%1.369-28%1.279-22%1.279-22%
Pb Ratio2.437-1%2.4702.124+16%2.613-5%1.353+82%1.353+82%
Pe Ratio63.948-1%64.814-213.882+430%-195.314+401%-116.913+280%-116.913+280%
Price Per Share115.140-1%116.70096.478+21%113.093+3%59.877+95%59.877+95%
Price To Free Cash Flow Ratio-13.403+1%-13.58438.686-135%-699.663+5051%-188.851+1290%-188.851+1290%
Price To Total Gains Ratio53.049-1%53.767204.138-74%-25.256+147%89.441-40%89.441-40%
Quick Ratio--1.7201.868-8%2.032-15%1.674+3%1.674+3%
Return On Assets--0.0050.000+101%-0.005+188%0.002+157%0.002+157%
Return On Equity--0.0100.000+120616%-0.008+183%0.012-19%0.012-19%
Total Gains Per Share--2.1700.909+139%8.836-75%3.375-36%3.375-36%
Usd Book Value--18690376209.71117939647761.069+4%17028532920.449+10%11132209205.515+68%11132209205.515+68%
Usd Book Value Change Per Share--1.3940.584+139%5.675-75%2.168-36%2.168-36%
Usd Book Value Per Share--30.35029.136+4%27.658+10%18.080+68%18.080+68%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.2890.004+7215%-0.220+176%-0.004+101%-0.004+101%
Usd Free Cash Flow---849505198.899-12545848.874-99%1271832.618-66894%47737146.014-1880%47737146.014-1880%
Usd Free Cash Flow Per Share---1.379-0.020-99%0.002-66880%0.090-1625%0.090-1625%
Usd Free Cash Flow To Equity Per Share---0.080-0.118+48%0.042-292%0.430-119%0.430-119%
Usd Market Cap45533219352.811-1%46159731362.61038155353159.330+21%44723515803.871+3%23679676846.629+95%23679676846.629+95%
Usd Price Per Share73.954-1%74.95661.967+21%72.639+3%38.459+95%38.459+95%
Usd Profit--178046567.7692442678.526+7189%-135168960.776+176%-2443749.813+101%-2443749.813+101%
Usd Revenue--5772282325.4035478184780.792+5%4382320004.617+32%4520923370.542+28%4520923370.542+28%
Usd Total Gains Per Share--1.3940.584+139%5.675-75%2.168-36%2.168-36%
 EOD+3 -5MRQTTM+23 -11YOY+18 -165Y+18 -1610Y+18 -16

3.2. Fundamental Score

Let's check the fundamental score of Block Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1563.948
Price to Book Ratio (EOD)Between0-12.437
Net Profit Margin (MRQ)Greater than00.031
Operating Margin (MRQ)Greater than00.038
Quick Ratio (MRQ)Greater than11.720
Current Ratio (MRQ)Greater than11.901
Debt to Asset Ratio (MRQ)Less than10.451
Debt to Equity Ratio (MRQ)Less than10.823
Return on Equity (MRQ)Greater than0.150.010
Return on Assets (MRQ)Greater than0.050.005
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Block Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.959
Ma 20Greater thanMa 50121.270
Ma 50Greater thanMa 100116.728
Ma 100Greater thanMa 200109.722
OpenGreater thanClose114.150
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Net Income  -177,188150,977-26,212-164,493-190,705145,632-45,073322,274277,202
EBIT  -158,446148,838-9,608-196,043-205,651190,227-15,424358,931343,508
Net Income from Continuing Operations  -183,101153,016-30,085-165,813-195,898143,344-52,554298,208245,653



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets34,069,893
Total Liabilities15,377,057
Total Stockholder Equity18,695,256
 As reported
Total Liabilities 15,377,057
Total Stockholder Equity+ 18,695,256
Total Assets = 34,069,893

Assets

Total Assets34,069,893
Total Current Assets18,857,282
Long-term Assets15,212,611
Total Current Assets
Cash And Cash Equivalents 8,166,895
Short-term Investments 851,901
Net Receivables 7,194,021
Inventory 110,097
Other Current Assets 1,265,588
Total Current Assets  (as reported)18,857,282
Total Current Assets  (calculated)17,588,502
+/- 1,268,780
Long-term Assets
Property Plant Equipment 540,757
Goodwill 11,919,720
Long Term Investments 796,293
Intangible Assets 1,761,521
Long-term Assets Other 194,320
Long-term Assets  (as reported)15,212,611
Long-term Assets  (calculated)15,212,611
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities9,921,629
Long-term Liabilities5,455,428
Total Stockholder Equity18,695,256
Total Current Liabilities
Short-term Debt 806,756
Short Long Term Debt 753,035
Accounts payable 151,023
Other Current Liabilities 8,796,822
Total Current Liabilities  (as reported)9,921,629
Total Current Liabilities  (calculated)10,507,636
+/- 586,007
Long-term Liabilities
Long term Debt 4,974,973
Capital Lease Obligations 343,509
Long-term Liabilities Other 154,972
Long-term Liabilities  (as reported)5,455,428
Long-term Liabilities  (calculated)5,473,454
+/- 18,026
Total Stockholder Equity
Retained Earnings -528,429
Accumulated Other Comprehensive Income -378,307
Other Stockholders Equity 19,601,992
Total Stockholder Equity (as reported)18,695,256
Total Stockholder Equity (calculated)18,695,256
+/-0
Other
Cash and Short Term Investments 9,018,796
Common Stock Shares Outstanding 615,821
Current Deferred Revenue167,028
Liabilities and Stockholders Equity 34,069,893
Net Debt -2,095,378
Net Invested Capital 24,423,264
Net Working Capital 8,935,653
Property Plant and Equipment Gross 864,058
Short Long Term Debt Total 6,071,517



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-30
> Total Assets 
8,114,276
9,869,550
11,348,720
13,815,688
13,909,426
13,925,764
29,127,467
28,885,160
29,120,932
31,364,340
31,337,327
31,075,924
32,554,898
34,069,893
34,069,89332,554,89831,075,92431,337,32731,364,34029,120,93228,885,16029,127,46713,925,76413,909,42613,815,68811,348,7209,869,5508,114,276
   > Total Current Assets 
6,491,270
7,761,629
9,318,856
11,000,235
10,562,037
10,520,928
11,860,684
12,526,335
13,548,761
15,623,405
15,900,479
15,841,096
17,540,600
18,857,282
18,857,28217,540,60015,841,09615,900,47915,623,40513,548,76112,526,33511,860,68410,520,92810,562,03711,000,2359,318,8567,761,6296,491,270
       Cash And Cash Equivalents 
2,118,808
3,158,058
3,022,485
4,581,234
4,514,609
4,443,669
3,993,565
4,020,466
4,331,787
4,544,202
5,061,091
8,098,540
8,026,030
8,166,895
8,166,8958,026,0308,098,5405,061,0914,544,2024,331,7874,020,4663,993,5654,443,6694,514,6094,581,2343,022,4853,158,0582,118,808
       Short-term Investments 
762,434
695,112
644,454
1,014,903
868,809
869,283
3,987,654
3,844,375
4,036,631
4,262,175
4,824,583
1,121,830
1,161,144
851,901
851,9011,161,1441,121,8304,824,5834,262,1754,036,6313,844,3753,987,654869,283868,8091,014,903644,454695,112762,434
       Net Receivables 
886,398
1,066,855
1,373,543
1,477,167
1,585,655
1,581,675
3,079,447
3,197,160
4,020,702
5,324,555
3,861,100
4,182,128
6,721,962
7,194,021
7,194,0216,721,9624,182,1283,861,1005,324,5554,020,7023,197,1603,079,4471,581,6751,585,6551,477,1671,373,5431,066,855886,398
       Inventory 
70,422
61,129
63,825
58,786
73,413
77,058
72,340
78,737
102,962
97,703
101,655
97,949
96,398
110,097
110,09796,39897,949101,65597,703102,96278,73772,34077,05873,41358,78663,82561,12970,422
       Other Current Assets 
2,480,757
2,597,590
3,832,286
3,812,487
3,448,960
3,485,902
3,795,277
4,178,980
691,353
613,728
2,153,705
2,438,598
850,560
1,265,588
1,265,588850,5602,438,5982,153,705613,728691,3534,178,9803,795,2773,485,9023,448,9603,812,4873,832,2862,597,5902,480,757
   > Long-term Assets 
0
0
2,029,864
2,815,453
3,347,389
3,404,836
17,266,783
16,358,825
15,572,171
15,740,935
15,436,848
15,234,828
15,014,298
15,212,611
15,212,61115,014,29815,234,82815,436,84815,740,93515,572,17116,358,82517,266,7833,404,8363,347,3892,815,4532,029,86400
       Property Plant Equipment 
646,120
690,408
709,033
722,160
723,534
731,546
758,161
754,459
741,897
702,474
344,229
282,808
585,284
540,757
540,757585,284282,808344,229702,474741,897754,459758,161731,546723,534722,160709,033690,408646,120
       Goodwill 
300,620
316,701
316,437
501,400
519,548
519,276
12,428,930
11,982,135
11,557,984
11,966,761
11,919,274
11,944,085
11,749,198
11,919,720
11,919,72011,749,19811,944,08511,919,27411,966,76111,557,98411,982,13512,428,930519,276519,548501,400316,437316,701300,620
       Long Term Investments 
0
0
777,662
1,188,952
1,682,198
1,757,349
1,638,354
1,294,141
1,076,781
884,612
412,747
297,230
733,825
796,293
796,293733,825297,230412,747884,6121,076,7811,294,1411,638,3541,757,3491,682,1981,188,952777,66200
       Intangible Assets 
107,562
137,612
129,796
262,196
268,692
257,049
2,275,199
2,148,078
2,030,876
2,014,034
1,949,086
1,878,238
1,778,951
1,761,521
1,761,5211,778,9511,878,2381,949,0862,014,0342,030,8762,148,0782,275,199257,049268,692262,196129,796137,612107,562
       Long-term Assets Other 
0
0
96,936
140,745
153,417
139,616
166,139
180,012
164,633
173,054
811,512
832,467
167,040
194,320
194,320167,040832,467811,512173,054164,633180,012166,139139,616153,417140,74596,93600
> Total Liabilities 
6,051,441
7,187,981
9,034,347
11,126,836
10,949,601
10,652,909
11,677,075
11,993,749
12,590,994
14,112,985
13,862,442
13,306,116
14,724,392
15,377,057
15,377,05714,724,39213,306,11613,862,44214,112,98512,590,99411,993,74911,677,07510,652,90910,949,60111,126,8369,034,3477,187,9816,051,441
   > Total Current Liabilities 
3,825,711
4,126,104
5,561,102
5,646,770
5,549,145
5,435,104
6,030,021
6,960,986
7,278,565
8,434,516
8,706,266
8,239,036
9,192,115
9,921,629
9,921,6299,192,1158,239,0368,706,2668,434,5167,278,5656,960,9866,030,0215,435,1045,549,1455,646,7705,561,1024,126,1043,825,711
       Short-term Debt 
473,496
464,094
764,208
823,683
725,658
497,533
124,636
68,416
561,590
1,005,290
460,539
587,900
104,709
806,756
806,756104,709587,900460,5391,005,290561,59068,416124,636497,533725,658823,683764,208464,094473,496
       Short Long Term Debt 
0
0
768,895
828,364
730,295
497,988
124,636
528,400
491,286
938,436
460,539
530,321
51,858
753,035
753,03551,858530,321460,539938,436491,286528,400124,636497,988730,295828,364768,89500
       Accounts payable 
0
0
51,354
55,053
94,215
82,173
123,982
124,678
445,915
558,351
397,977
323,197
655,287
151,023
151,023655,287323,197397,977558,351445,915124,678123,98282,17394,21555,05351,35400
       Other Current Liabilities 
0
0
4,511,331
4,488,631
4,380,553
4,482,400
5,279,678
5,795,914
6,105,109
6,728,982
7,692,256
7,157,464
8,232,983
8,796,822
8,796,8228,232,9837,157,4647,692,2566,728,9826,105,1095,795,9145,279,6784,482,4004,380,5534,488,6314,511,33100
   > Long-term Liabilities 
0
0
3,473,245
5,432,217
5,355,567
5,177,071
5,647,054
5,032,763
5,312,429
5,678,469
5,156,176
5,067,080
5,532,277
5,455,428
5,455,4285,532,2775,067,0805,156,1765,678,4695,312,4295,032,7635,647,0545,177,0715,355,5675,432,2173,473,24500
       Long term Debt Total 
1,758,611
2,586,924
2,980,202
4,841,277
4,737,829
4,559,208
4,561,911
4,104,664
4,107,245
4,109,829
4,112,356
4,114,916
4,117,502
0
04,117,5024,114,9164,112,3564,109,8294,107,2454,104,6644,561,9114,559,2084,737,8294,841,2772,980,2022,586,9241,758,611
       Capital Lease Obligations Min Short Term Debt
-473,496
-464,094
-308,354
-362,010
-274,486
-38,489
342,359
389,459
-121,488
-581,017
-131,343
-272,770
250,921
-463,247
-463,247250,921-272,770-131,343-581,017-121,488389,459342,359-38,489-274,486-362,010-308,354-464,094-473,496
       Other Liabilities 
0
0
92,674
186,369
227,048
222,846
481,400
402,713
355,964
334,155
0
347,185
0
0
00347,1850334,155355,964402,713481,400222,846227,048186,36992,67400
> Total Stockholder Equity
2,062,835
2,681,569
2,314,373
2,688,852
2,959,825
3,272,855
17,412,822
16,855,104
16,497,664
17,222,879
17,448,897
17,747,156
17,812,660
18,695,256
18,695,25617,812,66017,747,15617,448,89717,222,87916,497,66416,855,10417,412,8223,272,8552,959,8252,688,8522,314,3732,681,5692,062,835
   Common Stock
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000
   Retained Earnings 
-591,182
-297,223
-155,241
48,780
48,864
-27,965
-232,164
-440,178
-454,889
-568,712
-585,550
-708,056
-737,010
-528,429
-528,429-737,010-708,056-585,550-568,712-454,889-440,178-232,164-27,96548,86448,780-155,241-297,223-591,182
   Capital Surplus 
2,642,107
2,955,464
2,459,415
2,632,234
2,918,372
3,317,255
17,426,629
17,725,198
17,999,192
18,314,681
18,607,008
18,992,590
19,352,152
0
019,352,15218,992,59018,607,00818,314,68117,999,19217,725,19817,426,6293,317,2552,918,3722,632,2342,459,4152,955,4642,642,107
   Treasury Stock00000000000000
   Other Stockholders Equity 
11,910
23,328
10,199
7,838
-7,411
-16,435
218,357
-429,916
17,999,192
18,314,681
18,607,008
18,992,590
19,352,152
19,601,992
19,601,99219,352,15218,992,59018,607,00818,314,68117,999,192-429,916218,357-16,435-7,4117,83810,19923,32811,910



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue21,915,623
Cost of Revenue-14,410,737
Gross Profit7,504,8867,504,886
 
Operating Income (+$)
Gross Profit7,504,886
Operating Expense-7,123,062
Operating Income-278,839381,824
 
Operating Expense (+$)
Research Development2,720,819
Selling General Administrative2,209,190
Selling And Marketing Expenses2,019,009
Operating Expense7,123,0626,949,018
 
Net Interest Income (+$)
Interest Income-
Interest Expense--
Other Finance Cost-47,221
Net Interest Income47,221
 
Pretax Income (+$)
Operating Income-278,839
Net Interest Income47,221
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-29,143179,349
EBIT - interestExpense = 1,042,487
1,753
9,772
Interest Expense-
Earnings Before Interest and Taxes (EBIT)1,042,487-29,143
Earnings Before Interest and Taxes (EBITDA)1,451,047
 
After tax Income (+$)
Income Before Tax-29,143
Tax Provision--8,019
Net Income From Continuing Ops-21,124-21,124
Net Income9,772
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses21,533,799
Total Other Income/Expenses Net-458,188-47,221
 

Technical Analysis of Block
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Block. The general trend of Block is BULLISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Block's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (57.1%) Bearish trend (-57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Block Inc.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 129.00 < 129.00 < 130.00.

The bearish price targets are: 113.29 > 99.85 > 94.66.

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Block Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Block Inc. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Block Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Block Inc. The current macd is -0.72716324.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Block price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Block. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Block price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Block Inc Daily Moving Average Convergence/Divergence (MACD) ChartBlock Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Block Inc. The current adx is 14.78.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Block shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Block Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Block Inc. The current sar is 120.74.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Block Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Block Inc. The current rsi is 43.96. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
Block Inc Daily Relative Strength Index (RSI) ChartBlock Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Block Inc. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Block price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Block Inc Daily Stochastic Oscillator ChartBlock Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Block Inc. The current cci is -104.45724839.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Block Inc Daily Commodity Channel Index (CCI) ChartBlock Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Block Inc. The current cmo is -20.75059741.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Block Inc Daily Chande Momentum Oscillator (CMO) ChartBlock Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Block Inc. The current willr is -84.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Block Inc Daily Williams %R ChartBlock Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Block Inc.

Block Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Block Inc. The current atr is 3.216599.

Block Inc Daily Average True Range (ATR) ChartBlock Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Block Inc. The current obv is -3,995,630.

Block Inc Daily On-Balance Volume (OBV) ChartBlock Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Block Inc. The current mfi is 32.28.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Block Inc Daily Money Flow Index (MFI) ChartBlock Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Block Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-13MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-15ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-18MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-03RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-09ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-12ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-04-05STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-10DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-04-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-16CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-18STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Block Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Block Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.959
Ma 20Greater thanMa 50121.270
Ma 50Greater thanMa 100116.728
Ma 100Greater thanMa 200109.722
OpenGreater thanClose114.150
Total3/5 (60.0%)
Penke

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