Taking everything into account, QDEL scores 4 out of 10 in our technical rating. In the last year, QDEL was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- QDEL is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 74% of 186 stocks in the same industry.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When compared to the yearly performance of all other stocks, QDEL outperforms 53% of them, which is more or less in line with the market.
- QDEL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so QDEL is lagging the market.
- In the last month QDEL has a been trading in the 25.81 - 35.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
QDEL has an average technical rating and the quality of the presented setup is also not ideal 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
26.52
We found 2 important support areas.
- A support zone ranging from 27.72 to 28.01. 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 26.79 to 27.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 29.11 to 29.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @32.66 from a trend line in the weekly time frame.
- Resistance @35.20 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 | NEUTRAL | NEUTRAL | The long term trend for QDEL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QDEL is neutral. |
| ChartMill Relative Strength | 53.67 | NEUTRAL | QDEL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QDEL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of QDEL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QDEL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.89 | NEUTRAL | The RSI value for QDEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests QDEL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.15 | NEUTRAL | The Stochastics value for QDEL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.44 | HIGH VOLATILITY | The high ATR as a percentage value for QDEL suggests high volalility. |
| Average Directional Index/ADX (14) | 27.72 | POSITIVE | The high ADX value value for QDEL suggests a strong trend. |
29.1
+0.41 (+1.43%)
QUIDELORTHO CORP / QDEL FAQ
Can you provide the ChartMill technical rating for QUIDELORTHO CORP?
ChartMill assigns a technical rating of 4 / 10 to QDEL.
What is the trend direction for QDEL stock?
The current trend direction for QUIDELORTHO CORP (QDEL) is Bearish.
What is the RSI signal for QDEL stock?
QUIDELORTHO CORP (QDEL) has an RSI value of 48.8926. This indicates that the stock is currently neutral.
What is the MACD signal for QUIDELORTHO CORP (QDEL) stock?
The MACD indicator for QUIDELORTHO CORP (QDEL) has a value of -0.175218, indicating a bearish trend.
What is the support and resistance level for QDEL stock?
QUIDELORTHO CORP (QDEL) has a support level at 28.01 and a resistance level at 29.11. Check the full technical report for our detailed analysis of QDEL support and resistance levels.