Is Major Move Coming For BSQUARE Corporation (BSQR) After This Bearish Wedge Down Chart Pattern?

December 7, 2017 - By Migdalia James

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.
Tfs Cap Llc has 0.04% invested in BSQUARE Corporation (NASDAQ:BSQR). Creative Planning has 0% invested in BSQUARE Corporation (NASDAQ:BSQR). Vanguard Gp holds 0% or 579,308 shares. Dimensional Fund Advsr Limited Partnership stated it has 745,901 shares. Spark Invest Mgmt Ltd Liability Com accumulated 16,900 shares. Renaissance Limited stated it has 969,775 shares or 0.01% of all its holdings. Blackrock reported 321,100 shares or 0% of all its holdings. Northern holds 25,034 shares. Barclays Public Limited Com holds 0% in BSQUARE Corporation (NASDAQ:BSQR) or 71 shares. Royal Commercial Bank Of Canada reported 3 shares. Marathon Capital Mgmt owns 15,000 shares or 0.04% of their US portfolio. State Of New Jersey Common Pension Fund D reported 154,500 shares. Nationwide Fund Advisors, a Pennsylvania-based fund reported 700 shares. Gsa Capital Prtnrs Llp invested 0.02% in BSQUARE Corporation (NASDAQ:BSQR). Perritt Management has invested 0.15% in BSQUARE Corporation (NASDAQ:BSQR).

Since June 13, 2017, it had 1 insider buy, 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: Seekingalpha.com which released: “BSQUARE Corporation’s (BSQR) CEO Jerry Chase on Q2 2017 Results – Earnings …” on August 06, 2016, also Prnewswire.com with their article: “Bsquare to Attend the Benchmark Discovery Conference on December 14” published on December 06, 2017, Seekingalpha.com published: “DataV, A Source Of Growth For BSQUARE” on November 17, 2016. More interesting news about BSQUARE Corporation (NASDAQ:BSQR) were released by: Seekingalpha.com and their article: “Beware Or Bsquare?” published on July 12, 2017 as well as Quotes.Wsj.com‘s news article titled: “BSQUARE Corp.” with publication date: February 12, 2011.

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