
(QBT.W) Technical Analysis
NYSE:QBT.W
Current stock price
QBT.W Technical Rating and Analysis
Overall QBT.W gets a technical rating of 6 out of 10. In the last year, QBT.W was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month QBT.W has a been trading in the 19.36 - 42.85 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.
- 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.
- 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.
- QBT.W 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 QBT.W is lagging the market slightly.
QBT.W Weekly and Daily overview Charts
QBT.W Setup Rating and Analysis
QBT.W has an average technical rating and it also does not offer a high quality setup 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
QBT.W Support and Resistance Analysis
12.01
When analyzing the support we can see 4 important areas.
- Support @15.63 from a trend line in the weekly time frame.
- Support @15.21 from a trend line in the daily time frame.
- Support @13.31 from a trend line in the weekly time frame.
- Support @12.13 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 31.82 to 32.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
QBT.W Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for QBT.W is down. |
| ChartMill Relative Strength | 99.96 | POSITIVE | QBT.W has a high relative strength, it outperformed 99.96% 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) | 36.85 | NEUTRAL | The RSI value for QBT.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.96 | NEGATIVE | The MACD value suggests QBT.W has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.73 | OVERSOLD | The low Stochastics value suggests QBT.W may be oversold. |
| Average True Range in percent/ATR (20) | 23.79 | HIGH VOLATILITY | The high ATR as a percentage value for QBT.W suggests high volalility. |
| Average Directional Index/ADX (14) | 23.13 | NEUTRAL | The ADX value for QBT.W suggests a possible start of a new trend. |
QBT.W Chart- and CandleStick Pattern Analysis
QBT.W Technicals: Chart, Performance Metrics, Trend & Indicators
/ QBT.W TA FAQ
What is the ChartMill technical rating of (QBT.W) stock?
ChartMill assigns a technical rating of 6 / 10 to QBT.W.
What is the trend direction for QBT.W stock?
The current trend direction for (QBT.W) is Bullish.
What is the RSI signal for (QBT.W) stock?
(QBT.W) has an RSI value of 36.8502. This indicates that the stock is currently neutral.
What is the short term momentum for QBT.W stock?
The short term momentum for (QBT.W) is negative.
Can you provide the buy/sell signal for ?
The buy/sell signal for (QBT.W) is hold as the short term and long term trends are mixed.