QIAGEN N.V. (QGEN) Stock Technical Analysis
NYSE:QGEN - New York Stock Exchange, Inc. - NL0015002CX3 - Common Stock - Currency: USD
Overall QGEN gets a technical rating of 8 out of 10. QGEN has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Both the short term and long term trends are positive. This is a very positive sign.
QGEN is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 81% of 55 stocks in the same industry.
QGEN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so QGEN is leading the market.
In the last month QGEN has a been trading in the 41.77 - 47.40 range, which is quite wide. It is currently trading near the high of this range.
QGEN has an average volume of 1521490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that QGEN is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Although QGEN has an excellent technical rating, it 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
36.86
47.99
When analyzing the support we can see 7 important areas.
- A support zone ranging from 46.05 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 44.16 to 44.69. 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 42.89 to 43.40. 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) | 71.21 | OVERBOUGHT | The high RSI value suggests QGEN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests QGEN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.32 | OVERBOUGHT | The high Stochastics value suggests QGEN may be overbought. |
| Average True Range in percent/ATR (20) | 1.55 | LOW VOLATILITY | The low ATR as a percentage value for QGEN suggests low volalility. |
| Average Directional Index/ADX (14) | 35.97 | 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)
47.11
-0.28 (-0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-0.59%
1 Week3.58%
2 Weeks4.39%
1 Month11.53%
3 Month19.33%
6 Month3.77%
12 Month11.27%
2 Year1.48%
3 Year-3.19%
5 Year6.74%
10 Year77.51%
15 Year128.95%
Volatility
ATR(14)0.82
ATR(20)%1.55%
ATR Inc-2.85%
Range Today0.64
ADR(20)0.58
ADR(20)%1.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.73
Mansfield0.47
10 Day High47.4
10 Day Low44.71
20 Day High47.4
20 Day Low41.77
52 Week High47.93
52 Week Low37.63
CS1 End46.68
CR1 Start47.12
Volume & EV
DER(3)-0.31%
DER(5)0.06%
Volume1.06M
Volume Incr-3.22%
Vol(5)1.45M
Vol(50)1.52M