We assign a technical rating of 8 out of 10 to QCRH. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, QCRH is only an average performer.
QCRH has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 86.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 85.39, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
64.98
We found 5 important support areas.
- A support zone ranging from 84.92 to 85.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 75.59 to 76.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @69.39 from a trend line in the weekly time frame.
- Support @68.27 from a trend line in the daily time frame.
- Support @65.64 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 86.38 to 87.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 QCRH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QCRH is up. |
| ChartMill Relative Strength | 66.66 | NEUTRAL | QCRH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QCRH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QCRH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QCRH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.03 | NEUTRAL | The RSI value for QCRH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests QCRH has a negative trend. |
| Stochastics (14,3) | 69.02 | NEUTRAL | The Stochastics value for QCRH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for QCRH suggests some volalility. |
| Average Directional Index/ADX (14) | 13.62 | NEGATIVE | The low ADX value for QCRH suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 87.53 | 84.91 | 2.62 (2.99%) | 25.00% |
| An entry @87.53. This is a Buy Stop order right above the resistance zone. | An exit @84.91. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.62 points, which is 2.99%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.75%. |
- The distance between exit and entry is rather small compared to the average daily movement of QCRH. 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.
85.4
-0.15 (-0.18%)
QCR HOLDINGS INC / QCRH FAQ
Can you provide the ChartMill technical rating for QCR HOLDINGS INC?
ChartMill assigns a technical rating of 8 / 10 to QCRH.
What is the current trend direction of QCR HOLDINGS INC (QCRH) stock?
The current trend direction for QCR HOLDINGS INC (QCRH) is Bullish.
What is the RSI signal for QCR HOLDINGS INC (QCRH) stock?
QCR HOLDINGS INC (QCRH) has an RSI value of 59.0308. This indicates that the stock is currently neutral.
Can you provide the short term momentum for QCR HOLDINGS INC?
The short term momentum for QCR HOLDINGS INC (QCRH) is positive.
What is the buy/sell signal for QCRH stock?
The buy/sell signal for QCR HOLDINGS INC (QCRH) is buy as both the short term and long term trends are positive.