QIAGEN N.V. (QGEN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:QGEN - NL0015002CX3 - Common Stock
We assign a technical rating of 2 out of 10 to QGEN. QGEN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
QGEN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 49.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 48.09, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
44.87
When analyzing the support we notice one important area.
- A support zone ranging from 45.32 to 48.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 49.72 to 49.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @52.36 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for QGEN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QGEN is neutral. |
| ChartMill Relative Strength | 34.75 | NEUTRAL | QGEN is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of QGEN is above a declining 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) | 49.6 | NEUTRAL | The RSI value for QGEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests QGEN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.33 | NEUTRAL | The Stochastics value for QGEN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for QGEN suggests low volalility. |
| Average Directional Index/ADX (14) | 12.33 | NEGATIVE | The low ADX value for QGEN suggests a weak or negative trend. |
48.29
-0.16 (-0.33%)
QIAGEN N.V. / QGEN FAQ
Can you provide the ChartMill technical rating for QIAGEN N.V.?
ChartMill assigns a technical rating of 2 / 10 to QGEN.
Can you provide the trend direction for QIAGEN N.V.?
The current trend direction for QIAGEN N.V. (QGEN) is Bearish.
What is the RSI signal for QGEN stock?
QIAGEN N.V. (QGEN) has an RSI value of 49.5991. This indicates that the stock is currently neutral.
Can you provide the MACD signal for QIAGEN N.V.?
The MACD indicator for QIAGEN N.V. (QGEN) has a value of 0.116869, indicating a bearish trend.