DEF DAILY T2X SHORT QBTS (QBTZ) Technical Analysis
NASDAQ:QBTZ • US88636W1484
Current stock price
QBTZ Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to QBTZ. In the last year, QBTZ was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 100% of all other stocks performed better in the past year than QBTZ.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- QBTZ has an average volume of 1512460 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 33.69 - 65.35 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 Weekly and Daily overview Charts
QBTZ Setup Rating and Analysis
QBTZ has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for QBTZ 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
QBTZ Support and Resistance Analysis
39.56
We found 2 important support areas.
- A support zone ranging from 45.73 to 45.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 39.96 to 40.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 51.16 to 51.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @61.60 from a trend line in the daily time frame.
QBTZ 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 QBTZ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QBTZ is neutral. |
| 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) | UP | POSITIVE | The current price of QBTZ is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 50.35 | NEUTRAL | The RSI value for QBTZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.85 | NEGATIVE | The MACD value suggests QBTZ has a negative trend. |
| Stochastics (14,3) | 33.72 | NEUTRAL | The Stochastics value for QBTZ is a neutral value. |
| Average True Range in percent/ATR (20) | 15.08 | HIGH VOLATILITY | The high ATR as a percentage value for QBTZ suggests high volalility. |
| Average Directional Index/ADX (14) | 20.84 | NEUTRAL | The ADX value for QBTZ suggests a possible start of a new trend. |
QBTZ Chart- and CandleStick Pattern Analysis
QBTZ Technicals: Chart, Performance Metrics, Trend & Indicators
45.74
-2.58 (-5.34%)
DEF DAILY T2X SHORT QBTS / QBTZ TA FAQ
What is the technical rating for QBTZ stock?
ChartMill assigns a technical rating of 5 / 10 to QBTZ.
What is the current trend direction of DEF DAILY T2X SHORT QBTS (QBTZ) stock?
The current trend direction for DEF DAILY T2X SHORT QBTS (QBTZ) is Bullish.
Can you provide the RSI signal for DEF DAILY T2X SHORT QBTS?
DEF DAILY T2X SHORT QBTS (QBTZ) has an RSI value of 50.3525. This indicates that the stock is currently neutral.
What is the short term momentum for DEF DAILY T2X SHORT QBTS (QBTZ) stock?
The short term momentum for DEF DAILY T2X SHORT QBTS (QBTZ) is neutral.