DEF DAILY T2X SHORT QBTS (QBTZ) Stock Technical Analysis
NASDAQ:QBTZ • US88636V6450
Taking everything into account, QBTZ scores 4 out of 10 in our technical rating. QBTZ has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 100% of all other stocks performed better in the past year than QBTZ.
- Both the short term and long term trends are positive. This is a very positive sign.
- QBTZ has an average volume of 4163800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month QBTZ has a been trading in the 7.68 - 17.50 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.
QBTZ 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.
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9.49
We found 2 important support areas.
- Support @10.79 from a trend line in the daily time frame.
- Support @9.59 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 12.13 to 12.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.35 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 QBTZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QBTZ is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | QBTZ has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of QBTZ is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of QBTZ is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 50.45 | NEUTRAL | The RSI value for QBTZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests QBTZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 30.33 | NEUTRAL | The Stochastics value for QBTZ is a neutral value. |
| Average True Range in percent/ATR (20) | 18.71 | HIGH VOLATILITY | The high ATR as a percentage value for QBTZ suggests high volalility. |
| Average Directional Index/ADX (14) | 20.96 | NEUTRAL | The ADX value for QBTZ suggests a possible start of a new trend. |
11.05
-0.41 (-3.58%)
DEF DAILY T2X SHORT QBTS / QBTZ FAQ
What is the technical rating for QBTZ stock?
ChartMill assigns a technical rating of 4 / 10 to QBTZ.
Can you provide the trend direction for DEF DAILY T2X SHORT QBTS?
The current trend direction for DEF DAILY T2X SHORT QBTS (QBTZ) is Bullish.
What is the RSI signal for DEF DAILY T2X SHORT QBTS (QBTZ) stock?
DEF DAILY T2X SHORT QBTS (QBTZ) has an RSI value of 50.4501. This indicates that the stock is currently neutral.
What is the buy/sell signal for DEF DAILY T2X SHORT QBTS (QBTZ) stock?
The buy/sell signal for DEF DAILY T2X SHORT QBTS (QBTZ) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for DEF DAILY T2X SHORT QBTS?
DEF DAILY T2X SHORT QBTS (QBTZ) has a support level at 10.79 and a resistance level at 12.13. Check the full technical report for our detailed analysis of QBTZ support and resistance levels.