Questex Gold & Copper Ltd (QEX.CA) Technical Analysis
TSX-V:QEX • CA74790A1066
Current stock price
QEX.CA Technical Rating and Analysis
Taking everything into account, QEX scores 5 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month QEX has a been trading in the 0.96 - 1.08 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- Looking at the yearly performance, QEX did better than 83% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- QEX is part of the Metals & Mining industry. There are 795 other stocks in this industry, QEX did better than 60% of them.
- QEX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so QEX is lagging the market slightly.
QEX.CA Weekly and Daily overview Charts
QEX.CA Setup Rating and Analysis
QEX has an average technical rating and it also does not offer a high 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
QEX.CA Support and Resistance Analysis
0.56
We found 4 important support areas.
- A support zone ranging from 0.96 to 0.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.89 to 0.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.61 from a trend line in the weekly time frame.
- Support @0.57 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.04 to 1.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
QEX.CA 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 | UP | POSITIVE | The long term trend for QEX.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QEX.CA is down. |
| ChartMill Relative Strength | 83.84 | POSITIVE | QEX.CA has a high relative strength, it outperformed 83.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QEX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of QEX.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QEX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.9 | NEUTRAL | The RSI value for QEX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests QEX.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.04 | OVERSOLD | The low Stochastics value suggests QEX.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for QEX.CA suggests low volalility. |
QEX.CA Chart- and CandleStick Pattern Analysis
QEX.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:QEX (5/31/2022, 7:00:00 PM)
0.97
-0.01 (-1.02%)
Questex Gold & Copper Ltd / QEX.CA TA FAQ
Can you provide the ChartMill technical rating for Questex Gold & Copper Ltd?
ChartMill assigns a technical rating of 4 / 10 to QEX.CA.
Can you provide the trend direction for Questex Gold & Copper Ltd?
The current trend direction for Questex Gold & Copper Ltd (QEX.CA) is Bullish.
What is the RSI signal for Questex Gold & Copper Ltd (QEX.CA) stock?
Questex Gold & Copper Ltd (QEX.CA) has an RSI value of 33.896. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Questex Gold & Copper Ltd?
The short term momentum for Questex Gold & Copper Ltd (QEX.CA) is negative.
What is the support and resistance level for QEX stock?
Questex Gold & Copper Ltd (QEX.CA) has a support level at 0.96 and a resistance level at 1.04. Check the full technical report for our detailed analysis of QEX.CA support and resistance levels.