QUIDELORTHO CORP (QDEL) Technical Analysis
NASDAQ:QDEL • US2197981051
Current stock price
QDEL Technical Rating and Analysis
Overall QDEL gets a technical rating of 0 out of 10. QDEL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 97% 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. 82% of 187 stocks in the same industry do better.
- QDEL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month QDEL has a been trading in the 11.61 - 18.00 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- QDEL has an average volume of 2069440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
QDEL Weekly and Daily overview Charts
QDEL Setup Rating and Analysis
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
QDEL Support and Resistance Analysis
11.92
We can see 2 important resistance areas.
- Resistance @16.32 from a trend line in the daily time frame.
- Resistance @29.94 from a horizontal line in the daily time frame.
QDEL Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for QDEL is down. |
| ChartMill Relative Strength | 3.43 | NEGATIVE | QDEL has a low relative strength, it was outperformed by 96.57% off all stocks 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) | DOWN | NEGATIVE | The current price of QDEL is below 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) | 34.07 | NEUTRAL | The RSI value for QDEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests QDEL has a negative trend. |
| Stochastics (14,3) | 14.6 | OVERSOLD | The low Stochastics value suggests QDEL may be oversold. |
| Average True Range in percent/ATR (20) | 12.34 | HIGH VOLATILITY | The high ATR as a percentage value for QDEL suggests high volalility. |
| Average Directional Index/ADX (14) | 28.65 | POSITIVE | The high ADX value value for QDEL suggests a strong trend. |
QDEL Chart- and CandleStick Pattern Analysis
QDEL Technicals: Chart, Performance Metrics, Trend & Indicators
12.04
-0.85 (-6.59%)
QUIDELORTHO CORP / QDEL TA FAQ
Can you provide the ChartMill technical rating for QUIDELORTHO CORP?
ChartMill assigns a technical rating of 0 / 10 to QDEL.
Can you provide the trend direction for QUIDELORTHO CORP?
The current trend direction for QUIDELORTHO CORP (QDEL) is Bearish.
What is the RSI signal for QUIDELORTHO CORP (QDEL) stock?
QUIDELORTHO CORP (QDEL) has an RSI value of 34.0705. 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 -0.0922701, indicating a bearish trend.
What is the buy/sell signal for QUIDELORTHO CORP (QDEL) stock?
The buy/sell signal for QUIDELORTHO CORP (QDEL) is sell as both the short term and long term trends are negative.