QUESTERRE ENERGY CORP - A (QEC.OL) Stock Technical Analysis
OSL:QEC - Euronext Oslo - CA74836K1003 - Common Stock - Currency: NOK
Overall QEC gets a technical rating of 8 out of 10. 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 one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 78% of 62 stocks in the same industry.
In the last month QEC has a been trading in the 1.75 - 2.41 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, QEC did better than 72% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
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, it does not present a decent entry opportunity 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
2.38
When analyzing the support we can see 3 important areas.
- Support @2.08 from a trend line in the daily time frame.
- A support zone ranging from 1.95 to 1.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.81 to 1.85. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.36 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 | 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 | 72.87 | POSITIVE | QEC.OL has a high relative strength, it outperformed 72.87% off all stocks 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) | 63.47 | NEUTRAL | The RSI value for QEC.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests QEC.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.77 | NEUTRAL | The Stochastics value for QEC.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.72 | MEDIUM VOLATILITY | The ATR as a percentage value for QEC.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 29.83 | POSITIVE | The high ADX value value for QEC.OL suggests a strong 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 (7/2/2025, 1:09:23 PM)
2.28
+0.04 (+2.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.01%
1 Week6.43%
2 Weeks13.45%
1 Month22.4%
3 Month18.63%
6 Month16.65%
12 Month12.99%
2 Year42.18%
3 Year33.67%
5 Year175.93%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%4.72%
ATR Inc60.6%
Range Today0.03
ADR(20)0.1
ADR(20)%4.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.87
Mansfield0.42
10 Day High2.41
10 Day Low1.92
20 Day High2.41
20 Day Low1.75
52 Week High2.8
52 Week Low1.6
CS1 End2.08
CR1 Start2.36
Volume & EV
DER(3)0.01%
DER(5)-0.6%
Volume8.12K
Volume Incr47.35%
Vol(5)1.81M
Vol(50)952.72K