Does This Provide a Reason to Sell BSQUARE Corporation (BSQR)? The Stock Has Formed Bearish Wedge Down Chart Pattern

December 7, 2017 - By Clifton Ray

Investors sentiment decreased to 1.25 in Q2 2017. Its down 0.32, from 1.57 in 2017Q1. It is 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.
Geode Cap Mngmt owns 51,409 shares. Spark Mgmt Limited Liability Company has invested 0.01% in BSQUARE Corporation (NASDAQ:BSQR). Nationwide Fund Advsrs stated it has 700 shares or 0% of all its holdings. Tfs Limited has invested 0.04% of its portfolio in BSQUARE Corporation (NASDAQ:BSQR). Barclays Public Limited Company owns 71 shares for 0% of their portfolio. 25,034 are owned by Northern Trust Corp. Renaissance Techs Ltd Llc owns 969,775 shares. Marathon Mgmt has invested 0.04% in BSQUARE Corporation (NASDAQ:BSQR). Dimensional Fund Advsrs Lp invested in 745,901 shares. Perritt Mngmt holds 100,000 shares. Blackrock Incorporated invested 0% in BSQUARE Corporation (NASDAQ:BSQR). Bridgeway Capital invested in 94,500 shares. Tower Research Cap Limited Co (Trc) invested in 0% or 2 shares. Wells Fargo And Mn reported 10 shares stake. Creative Planning holds 3,767 shares or 0% of its portfolio.

Since June 13, 2017, it had 1 buying transaction, and 0 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: Quotes.Wsj.com and their article: “BSQUARE Corp.” published on February 12, 2011 as well as Seekingalpha.com‘s news article titled: “Beware Or Bsquare?” with publication date: July 12, 2017.

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