Qad Inc (QADA) Stock Technical Analysis
USA - NASDAQ:QADA -
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.
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. 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
77.80
When analyzing the support we can see 2 important 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.
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. |
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 trade has a worst case loss of 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.
87.63
-0.16 (-0.18%)
Qad Inc / QADA FAQ
Can you provide the ChartMill technical rating for Qad Inc?
ChartMill assigns a technical rating of 8 / 10 to QADA.
What is the current trend direction of Qad Inc (QADA) stock?
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 support and resistance levels for Qad Inc?
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.