IONQ INC (IONQ) Stock Technical Analysis
NYSE:IONQ • US46222L1089
Taking everything into account, IONQ scores 1 out of 10 in our technical rating. IONQ has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 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 - 46.90 range, which is quite wide. It is currently trading near the lows of this range.
- IONQ has an average volume of 19664500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, IONQ outperforms 46% of them, which is more or less in line with the market.
- IONQ is an average performer in the Technology Hardware, Storage & Peripherals industry, it outperforms 65% of 36 stocks in the same industry.
IONQ has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
30.12
We found 2 important support areas.
- Support @31.89 from a horizontal line in the weekly time frame.
- Support @30.42 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 41.72 to 41.81. 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 | 46.32 | NEUTRAL | IONQ is not amongst the best or worst performers 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) | 41.3 | NEUTRAL | The RSI value for IONQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests IONQ has a positive trend. |
| Stochastics (14,3) | 27.26 | NEUTRAL | The Stochastics value for IONQ is a neutral value. |
| Average True Range in percent/ATR (20) | 9.09 | HIGH VOLATILITY | The high ATR as a percentage value for IONQ suggests high volalility. |
| Average Directional Index/ADX (14) | 37.53 | POSITIVE | The high ADX value value for IONQ suggests a strong trend. |
33.59
+1.97 (+6.23%)
IONQ INC / IONQ FAQ
Can you provide the ChartMill technical rating for IONQ INC?
ChartMill assigns a technical rating of 1 / 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 41.2969. 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.