IONQ INC (IONQ) Stock Technical Analysis
NYSE:IONQ - US46222L1089 - Common Stock
40.75 USD
+2.07 (+5.35%)
40.8299 USD
+0.08 (+0.2%)
Overall IONQ gets a technical rating of 7 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IONQ is showing a nice and steady performance.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
IONQ is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 100% of 32 stocks in the same industry.
IONQ has an average volume of 20357600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that IONQ is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
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.
In the last month IONQ has a been trading in the 34.77 - 46.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IONQ has an excellent technical rating, but the quality of the setup is 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
33.43
46.99
We found 4 important support areas.
- Support @38.11 from a horizontal line in the weekly time frame.
- Support @37.48 from a trend line in the daily time frame.
- A support zone ranging from 36.66 to 36.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @33.77 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @43.86 from a trend line in the daily time frame.
- A resistance zone ranging from 46.05 to 46.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for IONQ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IONQ is neutral. |
| ChartMill Relative Strength | 98.89 | POSITIVE | IONQ has a high relative strength, it outperformed 98.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IONQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IONQ is below the rising 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) | 50.81 | NEUTRAL | The RSI value for IONQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests IONQ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.22 | NEUTRAL | The Stochastics value for IONQ is a neutral value. |
| Average True Range in percent/ATR (20) | 6.19 | HIGH VOLATILITY | The high ATR as a percentage value for IONQ suggests high volalility. |
| Average Directional Index/ADX (14) | 10.92 | 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)
40.75
+2.07 (+5.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg5.35%
1 Week10.73%
2 Weeks-5.23%
1 Month0.54%
3 Month1.02%
6 Month65.85%
12 Month449.19%
2 Year137.06%
3 Year586.03%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.47
ATR(20)%6.19%
ATR Inc-32.11%
Range Today2.21
ADR(20)2.44
ADR(20)%5.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.89
Mansfield2.04
10 Day High43.5
10 Day Low34.77
20 Day High46.82
20 Day Low34.77
52 Week High54.74
52 Week Low6.54
CS1 End38.11
CR1 Start43.86
Volume & EV
DER(3)3.19%
DER(5)1.38%
Volume13.55M
Volume Incr-29.94%
Vol(5)13.49M
Vol(50)20.36M