Box, Inc. | BOX

Daily Technical Analysis of Box, Inc.

Box is down a bit on the day, funds flowing out kept the price down -2.05% since yesterday.

Currently BOX isn't at a clear support/resistance line that seems tradable. BOX has been bouncing around but hasn't taken a very clear direction over the last few months. So it doesn't have very much obvious momentum in either direction. BOX might find some support at the 25.76 level, buyers might push the price back up from here. But it's not very clear what will happen.

Last analyzed on 2024-03-17

Analyst Ratings for Box By Price Target And Rating

Overall, the analysts have a more negative view on BOX but it's not a very strong negative. The current Analysts Sentiment Score is -33.18. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. JPMorgan Chase & Co. provided a price target boost of 3.23% to $32.00 from $31.00 on 2024-03-06. On 2024-03-06 Citigroup increased their price target by 10.34% to $32.00. Royal Bank of Canada announced that they are reiterating a rating of Underperform on 2024-03-06 and added a price target of $21.00. On 2024-03-06 UBS Group increased their price target by 3.03% to $34.00. KeyCorp provided a price target decease of -9.09% to $30.00 from $33.00 on 2023-12-06. Morgan Stanley announced a lowering of their price target to $32.00 from $35.00 on 2023-12-06. Raymond James announced a lowering of their price target to $30.00 from $33.00 on 2023-12-06. Craig Hallum downgraded from Buy to Hold on 2023-08-30. JMP Securities reiterated a rating of Market Outperform on 2023-08-30 and added a price target of $32.00. Oppenheimer reiterated a rating of Outperform on 2023-08-30 and added a price target of $35.00.

Company	Ratings Score ? Composite analyst sentiment score	Positive Ratings	Negative Ratings	Boost Price Target	Lower Price Target
BOX	-33.18	14.01	-64.86	26.15	-41.65

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2024-04-07)

Company	YOY Growth Score (typical -20 to +20)	Revision Directions (-6 to +6)
BOX	0.00	0.00

Short interest for BOX

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company	Short Score (typical 1-15) ? We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)	Short Interest	Days to Cover	Rate of Change	Shares Short
BOX	5.47	%5.8	5.1	0.462	7970000

How BOX compares to the broader Technology sector and the more specific Application Software industry

Segment	Count	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Demark Buy	Short Interest	Analysts Ratings ? We track several different measures of analyst sentiment including ratings and price targets. To create a composite Analyst Sentiment Score, we weight several factors such as the recent rate of change which can be more predictive than the absolute level. We also weight each analyst's opinion based on their historic accuracy. We built in a time decay function to ensure that the rating reflects the current sentiment levels. Typical range (-80 to +80)
Application Software Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	120	-1.53	0.96	-7.20	-4.22	15.93	18.33	45.54	43.93	26.01	34.47	-15538.60	-15261.37	4.58	9.17	4.38	62.58
Technology Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	305	-0.85	1.64	-7.45	-1.92	17.45	21.97	43.52	33.65	19.15	24.55	-14788.11	-12978.40	6.48	7.95	4.68	48.95

Social Sentiment for BOX

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker	Social Sentiment(1-10)
BOX

Companies with the highest correlation to BOX

Company	Score	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Buy	Short Interest Score
DBX \| Dropbox, Inc. Class A	0.8	-1.14	3.33	-2.28	-25.05	-9.75	13.67	49	-4.51	-4.91	6.06	-4474.40	-2965.24	0	8.04963
QLYS \| Qualys, Inc. Common Stock	0.78	-1.59	3.56	1.50	-10.46	11.47	51.88	47	5.42	12.89	29.39	-3482.14	-381.19	0	9.80332
ALRM \| Alarm.com Holdings, Inc.	0.73	-2.02	0.55	-11.05	5.98	17.52	35.91	46	121.30	40.97	76.32	-327.54	-20279.32	0	3.64402
PEGA \| Pegasystems Inc	0.72	-1.95	0.21	-10.69	18.44	51.48	32.17	34	36.77	42.68	40.65	-1990.81	164.22	0	4.23257
BAM \| Brookfield Asset Manageme	0.72	-1.28	0.94	-7.95	-3.76	29.80	19.94	38	197.70	34.47	46.35	-1556.60	-14578.24	0	7.7072
NTNX \| Nutanix, Inc. Class A Com	0.71	-1.41	2.18	-2.74	6.81	70.83	152.23	48	282.74	217.42	129.45	-1225.00	-54991.69	0	3.39704
DT \| Dynatrace, Inc.	0.71	-0.71	2.22	-0.06	-18.58	4.10	11.03	36	-3.23	-1.82	4.56	-6218.76	-144.20	0	2.49902
ESTC \| Elastic N.V.	0.7	-1.59	6.11	1.82	-12.81	35.13	74.14	23	12.64	44.03	70.04	-4534.06	-21955.99	150	6.35

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