IONQ INC (IONQ) Stock Technical Analysis
NYSE:IONQ • US46222L1089
We assign a technical rating of 0 out of 10 to IONQ. IONQ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 81% of all other stocks performed better in the past year than IONQ.
- IONQ is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month IONQ has a been trading in the 29.99 - 50.59 range, which is quite wide. It is currently trading near the lows of this range.
- IONQ has an average volume of 19514000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- IONQ is an average performer in the Technology Hardware, Storage & Peripherals industry, it outperforms 62% of 36 stocks in the same industry.
IONQ has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
31.58
2 important resistance areas can be observed.
- Resistance @35.49 from a horizontal line in the daily time frame.
- A resistance zone ranging from 43.08 to 43.31. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for IONQ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IONQ is down. |
| ChartMill Relative Strength | 19.75 | NEGATIVE | IONQ has a low relative strength, it was outperformed by 80.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IONQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IONQ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IONQ is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.11 | NEUTRAL | The RSI value for IONQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests IONQ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.46 | NEUTRAL | The Stochastics value for IONQ is a neutral value. |
| Average True Range in percent/ATR (20) | 10.79 | HIGH VOLATILITY | The high ATR as a percentage value for IONQ suggests high volalility. |
| Average Directional Index/ADX (14) | 36.71 | POSITIVE | The high ADX value value for IONQ suggests a strong trend. |
31.9
-1.53 (-4.58%)
IONQ INC / IONQ FAQ
Can you provide the ChartMill technical rating for IONQ INC?
ChartMill assigns a technical rating of 0 / 10 to IONQ.
What is the trend direction for IONQ stock?
The current trend direction for IONQ INC (IONQ) is Bearish.
What is the RSI signal for IONQ INC (IONQ) stock?
IONQ INC (IONQ) has an RSI value of 35.1098. This indicates that the stock is currently neutral.
Can you provide the short term momentum for IONQ INC?
The short term momentum for IONQ INC (IONQ) is negative.
What is the buy/sell signal for IONQ INC (IONQ) stock?
The buy/sell signal for IONQ INC (IONQ) is sell as both the short term and long term trends are negative.