IONQ INC (IONQ) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:IONQ - US46222L1089 - Common Stock
44.87 USD
-0.44 (-0.97%)
44.86 USD
-0.01 (-0.02%)
Taking everything into account, IONQ scores 0 out of 10 in our technical rating. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
85% of all other stocks performed better in the past year than IONQ.
In the last month IONQ has a been trading in the 44.66 - 55.66 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
IONQ has an average volume of 23058700 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 44% of 35 stocks in the same industry.
IONQ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IONQ is lagging the market.
Considerably lower volume is observed in the last couple of days.
IONQ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
36.29
53.00
When analyzing the support we can see 5 important areas.
- Support @44.45 from a trend line in the daily time frame.
- A support zone ranging from 42.75 to 43.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @41.70 from a horizontal line in the weekly time frame.
- Support @40.99 from a horizontal line in the daily time frame.
- Support @36.66 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 44.88 to 45.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 49.62 to 50.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @52.48 from a trend line in the daily 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 | 15.76 | NEGATIVE | IONQ has a low relative strength, it was outperformed by 84.24% 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 | POSITIVE | The current price of IONQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.17 | NEUTRAL | The RSI value for IONQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests IONQ has a negative trend. |
| Stochastics (14,3) | 4.41 | OVERSOLD | The low Stochastics value suggests IONQ may be oversold. |
| Average True Range in percent/ATR (20) | 8.53 | HIGH VOLATILITY | The high ATR as a percentage value for IONQ suggests high volalility. |
| Average Directional Index/ADX (14) | 16.04 | NEGATIVE | The low ADX value for IONQ suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
44.87
-0.44 (-0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-0.97%
1 Week-12.69%
2 Weeks-9.66%
1 Month-4.39%
3 Month-38.77%
6 Month1.08%
12 Month-6.07%
2 Year262.15%
3 Year1200.58%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.79
ATR(20)%8.53%
ATR Inc-55.91%
Range Today1.76
ADR(20)3.62
ADR(20)%8.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.76
3 months CRS8.87
6 months CRS46.56
Mansfield-0.23
10 Day High55.6
10 Day Low44.66
20 Day High55.66
20 Day Low44.66
52 Week High84.64
52 Week Low17.88
CS1 End44.45
CR1 Start44.88
Volume & EV
DER(3)-1.69%
DER(5)-3.41%
Volume11.44M
Volume Incr-20.35%
Vol(5)14.46M
Vol(50)23.06M
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 42.1669. 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.