QUIDELORTHO CORP (QDEL) Stock Technical Analysis
NASDAQ:QDEL - US2197981051 - Common Stock
27.65 USD
-0.25 (-0.9%)
27.65 USD
0 (0%)
Taking everything into account, QDEL scores 1 out of 10 in our technical rating. QDEL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
91% of all other stocks performed better in the past year than QDEL.
QDEL is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 66% of 185 stocks in the same industry do better.
QDEL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month QDEL has a been trading in the 22.05 - 28.22 range, which is quite wide. It is currently trading near the high of this range.
QDEL has an average volume of 1545530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of QDEL is bad and it also does not present a quality setup 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
25.40
30.57
We found 1 important support area.
- Support @25.66 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 27.69 to 27.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @28.89 from a trend line in the daily time frame.
- Resistance @29.46 from a trend line in the weekly time frame.
- Resistance @30.27 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 | DOWN | NEGATIVE | The long term trend for QDEL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QDEL is neutral. |
| ChartMill Relative Strength | 9.36 | NEGATIVE | QDEL has a low relative strength, it was outperformed by 90.64% 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) | DOWN | MIXED | The current price of QDEL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QDEL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.86 | NEUTRAL | The RSI value for QDEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests QDEL has a positive trend. |
| Stochastics (14,3) | 82.66 | OVERBOUGHT | The high Stochastics value suggests QDEL may be overbought. |
| Average True Range in percent/ATR (20) | 4.99 | MEDIUM VOLATILITY | The ATR as a percentage value for QDEL suggests some volalility. |
| Average Directional Index/ADX (14) | 22.17 | NEUTRAL | The ADX value for QDEL suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
27.65
-0.25 (-0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.9%
1 Week7.09%
2 Weeks16.96%
1 Month5.98%
3 Month-9.85%
6 Month-30.86%
12 Month-34.56%
2 Year-66.43%
3 Year-65.11%
5 Year-84.29%
10 Year34.29%
15 Year128.7%
Volatility
ATR(14)1.46
ATR(20)%4.99%
ATR Inc33.22%
Range Today0.93
ADR(20)1.31
ADR(20)%4.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.36
Mansfield-2.97
10 Day High28.22
10 Day Low23.72
20 Day High28.22
20 Day Low22.05
52 Week High49.45
52 Week Low22.05
CS1 End25.66
CR1 Start27.69
Volume & EV
DER(3)1.31%
DER(5)2.69%
Volume1.47M
Volume Incr-27.19%
Vol(5)1.11M
Vol(50)1.55M