FIRST TRUST NASDAQ CLEAN EDG (QCLN) Technical Analysis
NASDAQ:QCLN • US33733E5006
Current stock price
QCLN Technical Rating and Analysis
Taking everything into account, QCLN scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, QCLN has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that QCLN is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, QCLN also shows a nice and consistent pattern of rising prices.
- A new 52 week high is currently being made by QCLN, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month QCLN has a been trading in the 43.32 - 56.09 range, which is quite wide. It is currently trading near the high of this range.
QCLN Weekly and Daily overview Charts
QCLN Setup Rating and Analysis
Although QCLN 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
QCLN Support and Resistance Analysis
42.93
4 important support areas can be observed.
- A support zone ranging from 48.89 to 49.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @46.63 from a trend line in the weekly time frame.
- A support zone ranging from 44.49 to 44.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @43.36 from a horizontal line in the daily time frame.
QCLN 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 QCLN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QCLN is up. |
| ChartMill Relative Strength | 90.6 | POSITIVE | QCLN has a high relative strength, it outperformed 90.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QCLN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QCLN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QCLN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.89 | OVERBOUGHT | The high RSI value suggests QCLN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.83 | POSITIVE | The MACD value suggests QCLN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.8 | OVERBOUGHT | The high Stochastics value suggests QCLN may be overbought. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for QCLN suggests some volalility. |
| Average Directional Index/ADX (14) | 24.34 | NEUTRAL | The ADX value for QCLN suggests a possible start of a new trend. |
QCLN Chart- and CandleStick Pattern Analysis
QCLN Technicals: Chart, Performance Metrics, Trend & Indicators
54.89
+0.31 (+0.57%)
FIRST TRUST NASDAQ CLEAN EDG / QCLN TA FAQ
Can you provide the ChartMill technical rating for FIRST TRUST NASDAQ CLEAN EDG?
ChartMill assigns a technical rating of 10 / 10 to QCLN.
What is the current trend direction of FIRST TRUST NASDAQ CLEAN EDG (QCLN) stock?
The current trend direction for FIRST TRUST NASDAQ CLEAN EDG (QCLN) is Bullish.
What is the RSI signal for FIRST TRUST NASDAQ CLEAN EDG (QCLN) stock?
FIRST TRUST NASDAQ CLEAN EDG (QCLN) has an RSI value of 71.8919. This indicates that the stock is currently overbought.
Can you provide the MACD signal for FIRST TRUST NASDAQ CLEAN EDG?
The MACD indicator for FIRST TRUST NASDAQ CLEAN EDG (QCLN) has a value of 0.827071, indicating a bearish trend.
Can you provide the short term momentum for FIRST TRUST NASDAQ CLEAN EDG?
The short term momentum for FIRST TRUST NASDAQ CLEAN EDG (QCLN) is positive.