Qad Inc (QADA) Technical Analysis
NASDAQ:QADA
Current stock price
QADA Technical Rating and Analysis
Overall QADA gets a technical rating of 9 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, QADA is showing a nice and steady performance.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that QADA is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by QADA over the past year are nicely spread over this period.
- QADA is part of the Software industry. There are 275 other stocks in this industry. QADA outperforms 92% of them.
- QADA is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so QADA is leading the market.
- In the last month QADA has a been trading in a tight range between 87.36 and 87.98.
- Volume is considerably higher in the last couple of days.
QADA Weekly and Daily overview Charts
QADA Setup Rating and Analysis
Besides having an excellent technical rating, QADA also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 87.62, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
QADA Support and Resistance Analysis
77.80
We found 2 important support areas.
- A support zone ranging from 86.58 to 87.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @78.59 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 87.64 to 87.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
QADA 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 | UP | POSITIVE | The long term trend for QADA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QADA is neutral. |
| ChartMill Relative Strength | 87.75 | POSITIVE | QADA has a high relative strength, it outperformed 87.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QADA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QADA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QADA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.96 | NEUTRAL | The RSI value for QADA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests QADA has a negative trend. |
| Stochastics (14,3) | 39.2 | NEUTRAL | The Stochastics value for QADA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.22 | LOW VOLATILITY | The low ATR as a percentage value for QADA suggests low volalility. |
QADA Chart- and CandleStick Pattern Analysis
QADA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 87.80 | 87.45 | 0.35 (0.40%) | 25.00% |
| An entry @87.80. This is a Buy Stop order right above the resistance zone. | An exit @87.45. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.35 points, which is 0.40%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.10%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
QADA Technicals: Chart, Performance Metrics, Trend & Indicators
87.63
-0.16 (-0.18%)
Qad Inc / QADA TA FAQ
Can you provide the ChartMill technical rating for Qad Inc?
ChartMill assigns a technical rating of 8 / 10 to QADA.
Can you provide the trend direction for Qad Inc?
The current trend direction for Qad Inc (QADA) is Bullish.
What is the RSI signal for Qad Inc (QADA) stock?
Qad Inc (QADA) has an RSI value of 54.9605. This indicates that the stock is currently neutral.
What is the short term momentum for QADA stock?
The short term momentum for Qad Inc (QADA) is neutral.