(QBT.W) Stock Technical Analysis
USA - NYSE:QBT.W -
44.05
-2.98 (-6.34%)
Taking everything into account, QBT.W scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, QBT.W is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, QBT.W did better than 99% of all other stocks. On top of that, QBT.W also shows a nice and consistent pattern of rising prices.
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.
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 QBT.W has a been trading in the 21.84 - 56.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
33.99
44.49
When analyzing the support we can see 2 important areas.
- A support zone ranging from 43.76 to 44.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.33 from a trend line in the daily 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 | 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) | 63.22 | NEUTRAL | The RSI value for QBT.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.79 | POSITIVE | The MACD value suggests QBT.W has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.51 | NEUTRAL | The Stochastics value for QBT.W is a neutral value. |
| Average True Range in percent/ATR (20) | 13.16 | HIGH VOLATILITY | The high ATR as a percentage value for QBT.W suggests high volalility. |
| Average Directional Index/ADX (14) | 50.29 | POSITIVE | The high ADX value value for QBT.W 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)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-6.34%
1 Week20.98%
2 Weeks22.16%
1 Month60.36%
3 Month177.39%
6 Month1501.82%
12 Month43427.7%
2 Year88000%
3 Year17520%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.48
ATR(20)%13.16%
ATR Inc13.53%
Range Today4.77
ADR(20)5.55
ADR(20)%12.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.99
Mansfield35.5
10 Day High56.38
10 Day Low35.12
20 Day High56.38
20 Day Low21.84
52 Week High56.38
52 Week Low0.09
CS1 End44.04
CR1 StartN/A
Volume & EV
DER(3)6.64%
DER(5)8.29%
Volume198.50K
Volume Incr18.34%
Vol(5)224.94K
Vol(50)151.42K