(QBT.W) Stock Technical Analysis
NYSE:QBT.W - New York Stock Exchange, Inc. -
Overall QBT.W gets a technical rating of 10 out of 10. Both in the recent history as in the last year, QBT.W has proven to be a steady performer, scoring decent points in every aspect analyzed.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, QBT.W did better than 99% of all other stocks.
QBT.W is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so QBT.W is lagging the market slightly.
In the last month QBT.W has a been trading in the 8.50 - 16.75 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although QBT.W has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.74
16.60
When analyzing the support we notice one important area.
- A support zone ranging from 10.85 to 11.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.42 to 16.44. 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 QBT.W is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QBT.W is up. |
| ChartMill Relative Strength | 99.99 | POSITIVE | QBT.W has a high relative strength, it outperformed 99.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QBT.W is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QBT.W is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QBT.W is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.99 | NEUTRAL | The RSI value for QBT.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests QBT.W has a positive trend. |
| Stochastics (14,3) | 80.16 | OVERBOUGHT | The high Stochastics value suggests QBT.W may be overbought. |
| Average True Range in percent/ATR (20) | 9.17 | HIGH VOLATILITY | The high ATR as a percentage value for QBT.W suggests high volalility. |
| Average Directional Index/ADX (14) | 19.72 | NEGATIVE | The low ADX value for QBT.W suggests a weak or negative 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)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-7.24%
1 Week39.36%
2 Weeks38.94%
1 Month47.72%
3 Month497.46%
6 Month549.41%
12 Month14439.8%
2 Year6219.23%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.66
ATR(20)%9.17%
ATR Inc88.43%
Range Today1.25
ADR(20)1.46
ADR(20)%9.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.99
Mansfield29.89
10 Day High16.75
10 Day Low10.25
20 Day High16.75
20 Day Low8.5
52 Week High17.29
52 Week Low0.05
CS1 End11.01
CR1 StartN/A
Volume & EV
DER(3)7.84%
DER(5)6.82%
Volume91.07K
Volume Incr-15.32%
Vol(5)207.70K
Vol(50)460.60K