QIAGEN N.V. (QGEN) Stock Technical Analysis
NYSE:QGEN - New York Stock Exchange, Inc. - NL0015002CX3 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to QGEN. Both in the recent history as in the last year, QGEN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
QGEN is part of the Life Sciences Tools & Services industry. There are 55 other stocks in this industry. QGEN outperforms 77% of them.
QGEN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so QGEN is performing more or less in line with the market.
In the last month QGEN has a been trading in the 41.77 - 47.70 range, which is quite wide. It is currently trading near the high of this range.
QGEN has an average volume of 1457000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, QGEN did better than 81% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
QGEN has an excellent technical rating, but the quality of the setup is only medium 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
36.86
47.99
When analyzing the support we can see 6 important areas.
- A support zone ranging from 46.57 to 46.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 43.48 to 44.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @41.85 from a horizontal line in the weekly time frame.
- Support @41.14 from a horizontal line in the daily time frame.
- Support @40.48 from a horizontal line in the daily time frame.
- Support @37.23 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 47.12 to 47.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 QGEN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QGEN is up. |
| ChartMill Relative Strength | 81.73 | POSITIVE | QGEN has a high relative strength, it outperformed 81.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QGEN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QGEN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QGEN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.44 | NEUTRAL | The RSI value for QGEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests QGEN has a negative trend. |
| Stochastics (14,3) | 64.68 | NEUTRAL | The Stochastics value for QGEN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for QGEN suggests low volalility. |
| Average Directional Index/ADX (14) | 37.53 | POSITIVE | The high ADX value value for QGEN 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)
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 |
|---|---|---|---|
| 47.52 | 46.56 | 0.96 (2.02%) | 25.00% |
| An entry @47.52. This is a Buy Stop order right above the resistance zone. | An exit @46.56. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.96 points, which is 2.02%. | For a 0.51% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of QGEN. Please evaluate whether better entry and exit points can be found.
- 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.
46.76
+0.21 (+0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg0.45%
1 Week-1.33%
2 Weeks2.63%
1 Month10.49%
3 Month17.9%
6 Month4.68%
12 Month11.71%
2 Year0.73%
3 Year-3.9%
5 Year5.95%
10 Year76.19%
15 Year127.25%
Volatility
ATR(14)0.73
ATR(20)%1.62%
ATR Inc-32.42%
Range Today0.46
ADR(20)0.59
ADR(20)%1.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.73
Mansfield0.44
10 Day High47.7
10 Day Low45.29
20 Day High47.7
20 Day Low41.77
52 Week High47.93
52 Week Low37.63
CS1 End46.68
CR1 Start47.12
Volume & EV
DER(3)0.37%
DER(5)0.39%
Volume2.12M
Volume Incr-9.2%
Vol(5)1.30M
Vol(50)1.46M