Overall QDEL gets a technical rating of 6 out of 10. QDEL has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
QDEL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 28.94, 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
28.04
When analyzing the support we notice one important area.
- A support zone ranging from 28.32 to 28.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- Resistance @29.35 from a trend line in the daily time frame.
- A resistance zone ranging from 30.34 to 30.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 31.57 to 31.93. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for QDEL is up. |
| ChartMill Relative Strength | 17.06 | NEGATIVE | QDEL has a low relative strength, it was outperformed by 82.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QDEL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QDEL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of QDEL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.47 | NEUTRAL | The RSI value for QDEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests QDEL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.44 | NEUTRAL | The Stochastics value for QDEL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.68 | MEDIUM VOLATILITY | The ATR as a percentage value for QDEL suggests some volalility. |
| Average Directional Index/ADX (14) | 22.62 | NEUTRAL | The ADX value for QDEL suggests a possible start of a new 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 |
|---|---|---|---|
| 29.36 | 28.31 | 1.05 (3.58%) | 25.00% |
| An entry @29.36. This is a Buy Stop order right above the resistance zone. | An exit @28.31. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.05 points, which is 3.58%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.89%. |
- The distance between exit and entry is rather small compared to the average daily movement of QDEL. 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.
28.95
+0.63 (+2.22%)
QUIDELORTHO CORP / QDEL FAQ
Can you provide the ChartMill technical rating for QUIDELORTHO CORP?
ChartMill assigns a technical rating of 6 / 10 to QDEL.
What is the current trend direction of QUIDELORTHO CORP (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 58.4668. This indicates that the stock is currently neutral.
What is the MACD signal for QDEL stock?
The MACD indicator for QUIDELORTHO CORP (QDEL) has a value of 0.131041, indicating a bearish trend.