QUESTERRE ENERGY CORP - A (QEC.OL) Stock Technical Analysis
OSL:QEC - Euronext Oslo - CA74836K1003 - Common Stock - Currency: NOK
Taking everything into account, QEC scores 7 out of 10 in our technical rating. 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.
The long and short term trends are both positive. This is looking good!
QEC is part of the Oil, Gas & Consumable Fuels industry. There are 61 other stocks in this industry. QEC outperforms 78% of them.
In the last month QEC has a been trading in the 2.07 - 2.39 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
QEC has an average volume of 1070160 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 60% 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.
Considerably lower volume is observed in the last couple of days.
QEC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 2.20, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
1.79
2.41
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.12 to 2.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.85 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.
2 important resistance areas can be observed.
- Resistance @2.33 from a trend line in the weekly time frame.
- Resistance @2.39 from a horizontal line in the weekly 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 | 60.31 | NEUTRAL | QEC.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of QEC.OL is above a declining 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) | DOWN | MIXED | The current price of QEC.OL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.93 | NEUTRAL | The RSI value for QEC.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests QEC.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.56 | NEUTRAL | The Stochastics value for QEC.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.73 | MEDIUM VOLATILITY | The ATR as a percentage value for QEC.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 23.67 | 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)
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 |
|---|---|---|---|
| 2.34 | 2.11 | 0.23 (9.83%) | 10.17% |
| An entry @2.34. This is a Buy Stop order right above the resistance zone. | An exit @2.11. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.23 points, which is 9.83%. | When investing 10.17% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
OSL:QEC (7/25/2025, 7:00:00 PM)
2.21
-0.03 (-1.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.34%
1 Week2.79%
2 Weeks0.45%
1 Month-5.56%
3 Month11.62%
6 Month21.96%
12 Month10.22%
2 Year40.59%
3 Year32.18%
5 Year172.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%4.73%
ATR Inc-7.17%
Range Today0.07
ADR(20)0.1
ADR(20)%4.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.31
Mansfield0.02
10 Day High2.28
10 Day Low2.07
20 Day High2.39
20 Day Low2.07
52 Week High2.8
52 Week Low1.6
CS1 End2.2
CR1 Start2.33
Volume & EV
DER(3)-0.21%
DER(5)-0.06%
Volume354.70K
Volume Incr-58.07%
Vol(5)577.49K
Vol(50)1.07M