QUESTERRE ENERGY CORP - A (QEC.OL) Stock Technical Analysis
Europe - OSL:QEC - CA74836K1003 - Common Stock
2.59 NOK
-0.02 (-0.77%)
We assign a technical rating of 8 out of 10 to QEC. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, QEC is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
QEC is part of the Oil, Gas & Consumable Fuels industry. There are 62 other stocks in this industry. QEC outperforms 85% of them.
In the last month QEC has a been trading in the 2.10 - 2.73 range, which is quite wide. It is currently trading near the high of this range.
QEC has an average volume of 1513860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, QEC outperforms 67% of them, which is more or less in line with the market.
QEC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so QEC is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although QEC has an excellent technical rating, the quality of the presented setup is 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
1.79
2.71
7 important support areas can be observed.
- A support zone ranging from 2.36 to 2.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.29 from a horizontal line in the daily time frame.
- A support zone ranging from 2.23 to 2.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.14 from a horizontal line in the daily time frame.
- Support @1.92 from a trend line in the weekly time frame.
- A support zone ranging from 1.84 to 1.85. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @1.81 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @2.63 from a trend line in the daily time frame.
- Resistance @2.68 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 QEC.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QEC.OL is up. |
| ChartMill Relative Strength | 67.92 | NEUTRAL | QEC.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QEC.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QEC.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QEC.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.08 | NEUTRAL | The RSI value for QEC.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests QEC.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.67 | NEUTRAL | The Stochastics value for QEC.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.49 | HIGH VOLATILITY | The high ATR as a percentage value for QEC.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 23.07 | NEUTRAL | The ADX value for QEC.OL 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)
OSL:QEC (10/3/2025, 7:00:00 PM)
2.59
-0.02 (-0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.77%
1 Week12.85%
2 Weeks11.4%
1 Month15.63%
3 Month21.03%
6 Month37.47%
12 Month8.37%
2 Year44.37%
3 Year36.46%
5 Year264.79%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%5.49%
ATR Inc27.61%
Range Today0.16
ADR(20)0.13
ADR(20)%5.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.92
Mansfield0.98
10 Day High2.73
10 Day Low2.26
20 Day High2.73
20 Day Low2.1
52 Week High3.36
52 Week Low1.6
CS1 End2.38
CR1 Start2.63
Volume & EV
DER(3)-0.68%
DER(5)-0.87%
Volume300.98K
Volume Incr210.34%
Vol(5)1.42M
Vol(50)1.51M