ISHARES MSCI QATAR ETF (QAT) Stock Technical Analysis
NASDAQ:QAT - Nasdaq - US46434V7799 - ETF - Currency: USD
We assign a technical rating of 2 out of 10 to QAT. QAT 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.
In the last month QAT has a been trading in the 17.81 - 19.21 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, QAT outperforms 56% of them, which is more or less in line with the market.
QAT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so QAT is lagging the market slightly.
The technical rating of QAT is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
16.23
19.37
2 important support areas can be observed.
- A support zone ranging from 16.83 to 16.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.39 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 18.08 to 19.18. 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 | NEUTRAL | NEUTRAL | The long term trend for QAT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QAT is down. |
| ChartMill Relative Strength | 56.07 | NEUTRAL | QAT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QAT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of QAT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of QAT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 27.8 | OVERSOLD | The low RSI value suggests QAT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests QAT has a negative trend. |
| Stochastics (14,3) | 0.82 | OVERSOLD | The low Stochastics value suggests QAT may be oversold. |
| Average True Range in percent/ATR (20) | 1.18 | LOW VOLATILITY | The low ATR as a percentage value for QAT suggests low volalility. |
| Average Directional Index/ADX (14) | 30.08 | POSITIVE | The high ADX value value for QAT suggests a strong 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)
NASDAQ:QAT (6/18/2025, 8:21:08 PM)
17.82
-0.07 (-0.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.42%
1 Week-6.01%
2 Weeks-5.76%
1 Month-6.51%
3 Month-0.94%
6 Month0.17%
12 Month8.43%
2 Year-0.45%
3 Year-14.78%
5 Year11.62%
10 Year-21.46%
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%1.18%
ATR Inc-35.72%
Range Today0.09
ADR(20)0.16
ADR(20)%0.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.07
Mansfield-0.48
10 Day High19.11
10 Day Low17.81
20 Day High19.21
20 Day Low17.81
52 Week High19.21
52 Week Low16.43
CS1 End16.98
CR1 Start18.08
Volume & EV
DER(3)-0.01%
DER(5)-4.01%
Volume40.80K
Volume Incr34.72%
Vol(5)222.90K
Vol(50)100.13K