(QBT.W) Stock Technical Analysis
NYSE:QBT.W - New York Stock Exchange, Inc. -
Overall QBT.W gets a technical rating of 9 out of 10. 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.
In the last month QBT.W has a been trading in the 10.32 - 17.29 range, which is quite wide. It is currently trading near the lows of this range.
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. However, this overall performance is mostly based on the strong move around 7 months ago.
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.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, QBT.W also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for QBT.W 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.
More info and screens
10.44
14.92
When analyzing the support we notice one important area.
- A support zone ranging from 10.55 to 10.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @14.77 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 | MIXED | The current price of QBT.W is below 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) | 50.67 | NEUTRAL | The RSI value for QBT.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.62 | NEGATIVE | The MACD value suggests QBT.W has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.41 | OVERSOLD | The low Stochastics value suggests QBT.W may be oversold. |
| Average True Range in percent/ATR (20) | 19.83 | HIGH VOLATILITY | The high ATR as a percentage value for QBT.W suggests high volalility. |
| Average Directional Index/ADX (14) | 33.31 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.39 | 10.54 | 1.85 (14.93%) | 6.70% |
| An entry @12.39. This is a Buy Stop order right above the 10 day moving average. | An exit @10.54. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.85 points, which is 14.93%. | For a 1.00% total portfolio risk, you can invest 6.70% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of QBT.W. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.71%
1 Week-4.25%
2 Weeks-9.78%
1 Month2.36%
3 Month158.85%
6 Month227.33%
12 Month9182.77%
2 Year5795.29%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.93
ATR(20)%19.83%
ATR Inc-47.7%
Range Today0.84
ADR(20)2.19
ADR(20)%19.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.99
Mansfield27.31
10 Day High15.93
10 Day Low10.32
20 Day High17.29
20 Day Low10.32
52 Week High17.29
52 Week Low0.05
CS1 End10.55
CR1 Start14.77
Volume & EV
DER(3)2.15%
DER(5)3.87%
Volume65.10K
Volume Incr-78.88%
Vol(5)179.62K
Vol(50)461.97K