SQ Forecast + Trading Strategies


Bullish Case: SQ's resilience and moderate positive price forecast, along with its robust growth in the digital payment sector, suggest potential appreciation. Historical returns favor upside potential for a multi-month hold.


Bearish Case: High competition, regulatory risks, and potential market saturation coupled with recent price stagnation and elevated implied volatility signal downside risks for SQ in the short-term.


Potential Outcomes: SQ could see moderate growth (45%), regulatory impacts (30%), technological advancements (15%), or competitive pressures (10%). Probabilities reflect market dynamics and historical data.


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May 21, 2024


Square Forecast

SQ        Square
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with SQ



LPX Forecast + Options Trading Strategies   LPX  Louisiana-Pacific (0.9)


OTIS Forecast + Options Trading Strategies   OTIS  Otis Worldwide (0.88)


CM Forecast + Options Trading Strategies   CM  Canadian Imperial Bank Of Commerce (0.88)


DAPP Forecast + Options Trading Strategies   DAPP  VanEck ETF Trust - VanEck Digital Transformation (0.88)


SMG Forecast + Options Trading Strategies   SMG  Scotts Miracle-Gro (0.88)



Uncorrelated Stock Forecasts

Assets with little price relationship to SQ



BNO Forecast + Options Trading Strategies   BNO  United States Commodity Funds LLC - United States Brent Crude Oil (-0.0)


LSCC Forecast + Options Trading Strategies   LSCC  Lattice Semiconductor (0.0)


RRC Forecast + Options Trading Strategies   RRC  Range Resources (-0.0)


GTLS Forecast + Options Trading Strategies   GTLS  Chart Industries (-0.0)


NVCR Forecast + Options Trading Strategies   NVCR  NovoCure (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against SQ



SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.8)


SRS Forecast + Options Trading Strategies   SRS  ProShares UltraShort Real Estate (-0.83)


DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (-0.84)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.86)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.86)





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