Qualstar Corp (QBAK)

2  +0.1 (+5.26%)

Technical Rating and Analysis

0

Overall QBAK gets a technical rating of 0 out of 10. QBAK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, QBAK is a bad performer in the overall market: 96% of all stocks are doing better.
QBAK is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so QBAK is lagging the market.
Warning: QBAK has an average volume of 23854 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month QBAK has a been trading in the 1.66 - 2.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
QBAK Weekly chart
QBAK Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, QBAK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.01. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for QBAK in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

1.98

2.05

We found 1 important resistance area.

  • A resistance zone ranging from 2.01 to 2.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.86
Mansfield-5.92
10 Day High2.08
10 Day Low1.66
20 Day High2.7
20 Day Low1.66
52 Week High6.5
52 Week Low1.66
Performance
1 Week17.65%
2 Weeks4.17%
1 Month-25.68%
3 Month-63.8%
6 Month-62.69%
12 Month-62.62%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.09
RSI(14)40
LBB1.52
UBB2.27
QBAK Daily chart

Qualstar Corp

NASDAQ:QBAK (4/29/2020, 7:01:06 PM)

2

+0.1 (+5.26%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.26%
1 Week17.65%
2 Weeks4.17%
1 Month-25.68%
3 Month-63.8%
6 Month-62.69%
12 Month-62.62%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.21
ATR(20)%11.91%
ATR Inc
Range Today0.18
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.08
10 Day Low1.66
20 Day High2.7
20 Day Low1.66
52 Week High6.5
52 Week Low1.66
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume71.00K
Volume Incr124.62%
Vol(5)64.60K
Vol(50)23.85K