(QBT.W) Stock Technical Analysis
NYSE:QBT.W -
11.58
-0.22 (-1.86%)
Taking everything into account, QBT.W scores 8 out of 10 in our technical rating. In the last year, QBT.W was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that QBT.W is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, QBT.W also shows a nice and consistent pattern of rising prices.
QBT.W is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so QBT.W is lagging the market.
In the last month QBT.W has a been trading in the 9.37 - 16.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although QBT.W has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
10.11
16.21
3 important support areas can be observed.
- A support zone ranging from 11.15 to 11.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.77 from a trend line in the daily time frame.
- A support zone ranging from 10.21 to 10.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 11.80 to 11.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.75 from a trend line in the daily time frame.
- Resistance @16.05 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for QBT.W is neutral. |
| 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) | DOWN | NEGATIVE | The current price of QBT.W is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of QBT.W is below 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) | 45.66 | NEUTRAL | The RSI value for QBT.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests QBT.W has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.54 | NEUTRAL | The Stochastics value for QBT.W is a neutral value. |
| Average True Range in percent/ATR (20) | 13.17 | HIGH VOLATILITY | The high ATR as a percentage value for QBT.W suggests high volalility. |
| Average Directional Index/ADX (14) | 13.36 | 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-1.86%
1 Week2.93%
2 Weeks-13.52%
1 Month-7.66%
3 Month-5.7%
6 Month431.19%
12 Month11752.6%
2 Year6756.13%
3 Year2672.99%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.42
ATR(20)%13.17%
ATR Inc1.91%
Range Today1.49
ADR(20)1.46
ADR(20)%12.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.99
Mansfield10.24
10 Day High13.39
10 Day Low9.37
20 Day High16.28
20 Day Low9.37
52 Week High18.27
52 Week Low0.05
CS1 End11.24
CR1 Start11.8
Volume & EV
DER(3)-5.22%
DER(5)-6.41%
Volume46.90K
Volume Incr-51.2%
Vol(5)65.44K
Vol(50)139.44K