IONQ INC (IONQ) Technical Analysis
NYSE:IONQ • US46222L1089
Current stock price
IONQ Technical Rating and Analysis
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. The S&P500 Index however is trading in the upper part of its 52 week range, so IONQ is lagging the market.
- In the last month IONQ has a been trading in the 30.17 - 41.90 range, which is quite wide. It is currently trading near the lows of this range.
- IONQ has an average volume of 21880000 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 57% of them, which is more or less in line with the market.
- IONQ is part of the Technology Hardware, Storage & Peripherals industry. There are 37 other stocks in this industry, IONQ did better than 69% of them.
IONQ Weekly and Daily overview Charts
IONQ Setup Rating and Analysis
The technical rating of IONQ is bad and it also does not present a quality setup 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
IONQ Support and Resistance Analysis
30.13
2 important support areas can be observed.
- Support @31.89 from a horizontal line in the weekly time frame.
- A support zone ranging from 30.43 to 30.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 33.32 to 34.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @36.01 from a trend line in the daily time frame.
- Resistance @37.31 from a trend line in the weekly time frame.
IONQ Technical Indicator Signal Analysis
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 | 57.97 | 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) | DOWN | NEGATIVE | The current price of IONQ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.53 | 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. |
| Stochastics (14,3) | 8.38 | OVERSOLD | The low Stochastics value suggests IONQ may be oversold. |
| Average True Range in percent/ATR (20) | 7.85 | HIGH VOLATILITY | The high ATR as a percentage value for IONQ suggests high volalility. |
| Average Directional Index/ADX (14) | 22.94 | NEUTRAL | The ADX value for IONQ suggests a possible start of a new trend. |
IONQ Chart- and CandleStick Pattern Analysis
IONQ Technicals: Chart, Performance Metrics, Trend & Indicators
31.9
-0.48 (-1.48%)
IONQ INC / IONQ TA 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 37.5339. 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.