We assign a technical rating of 8 out of 10 to QCRH. Although QCRH is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- QCRH is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month QCRH has a been trading in the 82.08 - 96.00 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, QCRH did better than 79% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- QCRH is part of the Banks industry. There are 381 other stocks in this industry, QCRH did better than 65% of them.
Although QCRH 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
64.98
When analyzing the support we can see 5 important areas.
- A support zone ranging from 89.25 to 89.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 82.14 to 82.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @76.15 from a horizontal line in the daily time frame.
- A support zone ranging from 69.57 to 70.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @65.64 from a horizontal 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 QCRH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QCRH is up. |
| ChartMill Relative Strength | 79.93 | POSITIVE | QCRH has a high relative strength, it outperformed 79.93% off all stocks 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) | 68.58 | NEUTRAL | The RSI value for QCRH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.53 | POSITIVE | The MACD value suggests QCRH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.21 | OVERBOUGHT | The high Stochastics value suggests QCRH may be overbought. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for QCRH suggests some volalility. |
| Average Directional Index/ADX (14) | 17.76 | NEGATIVE | The low ADX value for QCRH suggests a weak or negative trend. |
94.24
-1.16 (-1.22%)
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.
Can you provide the trend direction for QCR HOLDINGS INC?
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 68.5847. This indicates that the stock is currently neutral.
What is the short term momentum for QCRH stock?
The short term momentum for QCR HOLDINGS INC (QCRH) is positive.
What are the support and resistance levels for QCR HOLDINGS INC (QCRH) stock?
QCR HOLDINGS INC (QCRH) has a support level at 89.26. Check the full technical report for our detailed analysis of QCRH support and resistance levels.