Could BSQUARE Corporation (BSQR) Decrease Even More? The Stock Formed Wedge Down Pattern

December 7, 2017 - By reb123z

Investors sentiment decreased to 1.25 in Q2 2017. Its down 0.32, from 1.57 in 2017Q1. It turned negative, as 4 investors sold BSQUARE Corporation shares while 4 reduced holdings. 5 funds opened positions while 5 raised stakes. 3.45 million shares or 6.34% more from 3.25 million shares in 2017Q1 were reported.
Moreover, Renaissance Llc has 0.01% invested in BSQUARE Corporation (NASDAQ:BSQR) for 969,775 shares. Geode Cap Mngmt Ltd Limited Liability Company has invested 0% of its portfolio in BSQUARE Corporation (NASDAQ:BSQR). State Of New Jersey Common Pension Fund D stated it has 0% in BSQUARE Corporation (NASDAQ:BSQR). Wells Fargo And Mn reported 0% stake. United Kingdom-based Gsa Cap Ptnrs Limited Liability Partnership has invested 0.02% in BSQUARE Corporation (NASDAQ:BSQR). Bridgeway owns 94,500 shares for 0.01% of their portfolio. Royal National Bank Of Canada owns 3 shares or 0% of their US portfolio. The Pennsylvania-based Nationwide Fund Advsr has invested 0% in BSQUARE Corporation (NASDAQ:BSQR). Blackrock Inc reported 321,100 shares stake. Marathon Cap Management holds 0.04% or 15,000 shares. California Pub Employees Retirement System reported 42,450 shares. Tfs Cap Llc reported 20,308 shares. Dimensional Fund Limited Partnership holds 0% or 745,901 shares. Barclays Public Ltd Co holds 71 shares or 0% of its portfolio. Creative Planning holds 0% in BSQUARE Corporation (NASDAQ:BSQR) or 3,767 shares.

Since June 13, 2017, it had 1 buying transaction, and 0 insider sales for $48,846 activity.

The stock of BSQUARE Corporation (BSQR) formed a down wedge with $4.14 target or 8.00 % below today’s $4.50 share price. The 6 months wedge indicates high risk for the $56.83 million company. If the $4.14 price target is reached, the company will be worth $4.55 million less.
Falling wedges are poor performers for bullish breakouts and are tricky moments to trade. Investors must be aware that the break even failure rate for up or down breakouts is: 11% and 15%. The average rise is 32% and the decline is 15%. The falling wedges has high throwback and pullback rate: 56%, 69% and the percent of wedges meeting target is not very high.

The stock decreased 1.10% or $0.05 during the last trading session, reaching $4.5. About 32,710 shares traded or 22.15% up from the average. BSQUARE Corporation (NASDAQ:BSQR) has declined 3.81% since December 8, 2016 and is downtrending. It has underperformed by 20.51% the S&P500.

More notable recent BSQUARE Corporation (NASDAQ:BSQR) news were published by: Quotes.Wsj.com which released: “BSQUARE Corp.” on February 12, 2011, also Seekingalpha.com with their article: “DataV, A Source Of Growth For BSQUARE” published on November 17, 2016, Prnewswire.com published: “Bsquare to Attend the Benchmark Discovery Conference on December 14” on December 06, 2017. More interesting news about BSQUARE Corporation (NASDAQ:BSQR) were released by: Seekingalpha.com and their article: “BSQUARE Corporation’s (BSQR) CEO Jerry Chase on Q2 2017 Results – Earnings …” published on August 06, 2016 as well as Seekingalpha.com‘s news article titled: “Bsquare Follow Up: Keep The Faith” with publication date: April 12, 2016.

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