ISHARES MSCI QATAR ETF (QAT) Stock Technical Analysis
USA - NASDAQ:QAT - US46434V7799 - ETF
19.23 USD
-0.1 (-0.52%)
19.55 USD
+0.32 (+1.66%)
Overall QAT gets a technical rating of 2 out of 10. In the last year, QAT was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When compared to the yearly performance of all other stocks, QAT outperforms 57% 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 currently trading near new highs, so QAT is lagging the market.
In the last month QAT has a been trading in a tight range between 19.19 and 19.97.
Considerably lower volume is observed in the last couple of days.
QAT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 19.05, a Stop Loss order could be placed below this zone.
More info and screens
16.23
20.77
We found 5 important support areas.
- A support zone ranging from 19.01 to 19.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.69 from a horizontal line in the daily time frame.
- Support @18.13 from a horizontal line in the weekly time frame.
- A support zone ranging from 16.83 to 16.83. 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 can see 2 important resistance areas.
- A resistance zone ranging from 19.33 to 19.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 20.54 to 20.56. 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 QAT is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QAT is down. |
| ChartMill Relative Strength | 57.29 | 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) | DOWN | NEGATIVE | The current price of QAT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QAT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.62 | NEUTRAL | The RSI value for QAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests QAT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.46 | OVERSOLD | The low Stochastics value suggests QAT may be oversold. |
| Average True Range in percent/ATR (20) | 0.75 | LOW VOLATILITY | The low ATR as a percentage value for QAT suggests low volalility. |
| Average Directional Index/ADX (14) | 27.73 | 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)
19.23
-0.1 (-0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.52%
1 Week-0.34%
2 Weeks-0.98%
1 Month-1.59%
3 Month2.67%
6 Month9.2%
12 Month4.74%
2 Year18.41%
3 Year-10.01%
5 Year13.13%
10 Year-11.46%
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%0.75%
ATR Inc0.57%
Range Today0.18
ADR(20)0.1
ADR(20)%0.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.29
Mansfield-0.48
10 Day High19.59
10 Day Low19.19
20 Day High19.97
20 Day Low19.19
52 Week High20.64
52 Week Low16.78
CS1 End19.05
CR1 Start19.33
Volume & EV
DER(3)0.05%
DER(5)-1.07%
Volume11.00K
Volume Incr-68.77%
Vol(5)11.40K
Vol(50)30.67K