Qad Inc (QADA) Stock Technical Analysis

USA • Nasdaq • NASDAQ:QADA

87.63
-0.16 (-0.18%)
At close: Nov 4, 2021
87.76
+0.13 (+0.15%)
After Hours: 11/4/2021, 8:02:39 PM
Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to QADA. Both in the recent history as in the last year, QADA has proven to be a steady performer, scoring decent points in every aspect analyzed.

  • The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
  • Looking at the yearly performance, QADA did better than 87% of all other stocks. On top of that, QADA also shows a nice and consistent pattern of rising prices.
  • QADA is part of the Software industry. There are 278 other stocks in this industry. QADA outperforms 93% of them.
  • QADA is currently trading near its 52 week high. This is a good sign, definitely because the S&P500 Index is trading in the lower area of its yearly range.
  • 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.
Weekly and Daily overview Charts
Qad Inc / QADA Weekly stock chart
Qad Inc / QADA Daily stock chart
Setup Rating and Analysis

7

QADA has an excellent technical rating and 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. Another positive sign is the recent Pocket Pivot signal.

  • 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.
Support and Resistance Analysis

77.80

88.67

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.

We found 1 important resistance 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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for QADA is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for QADA is neutral.
ChartMill Relative Strength87.75POSITIVEQADA has a high relative strength, it outperformed 87.75% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of QADA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of QADA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of QADA is above the rising SMA(200).
Relative Strength Index/RSI (14)54.96NEUTRALThe RSI value for QADA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests QADA has a negative trend.
Stochastics (14,3)39.2NEUTRALThe Stochastics value for QADA is a neutral value.
Average True Range in percent/ATR (20)0.22LOW VOLATILITYThe low ATR as a percentage value for QADA suggests low volalility.
Chart- and CandleStick Pattern Analysis
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)
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.

ENTRYEXITDISTANCECAPITAL
87.8087.450.35 (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%.For a 0.10% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.
Qad Inc / QADA Daily stock chart

Qad Inc

NASDAQ:QADA (11/4/2021, 8:02:39 PM)

After market: 87.76 +0.13 (+0.15%)

87.63

-0.16 (-0.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustrySoftware
Performance
% Chg-0.18%
1 Week0.03%
2 Weeks0%
1 Month0.29%
3 Month0.84%
6 Month25.33%
12 Month96.44%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%0.22%
ATR Inc86.48%
Range Today0.34
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.75
3 months CRSN/A
6 months CRSN/A
Mansfield0.43
10 Day High87.98
10 Day Low87.46
20 Day High87.98
20 Day Low87.36
52 Week High89.01
52 Week Low45.08
CS1 End87.62
CR1 Start87.64
Volume & EV
DER(3)1.26%
DER(5)-0.26%
Volume1.58M
Volume Incr211.65%
Vol(5)778.24K
Vol(50)253.33K

Qad Inc / QADA 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 QADA stock?

Qad Inc (QADA) has an RSI value of 54.9605. This indicates that the stock is currently neutral.


Can you provide the MACD signal for Qad Inc?

The MACD indicator for Qad Inc (QADA) has a value of -0.00827192, indicating a bearish trend.


What is the support and resistance level for QADA stock?

Qad Inc (QADA) has a support level at 87.62 and a resistance level at 87.64. Check the full technical report for our detailed analysis of QADA support and resistance levels.