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 4 out of 10 to QGEN. QGEN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
QGEN is part of the Life Sciences Tools & Services industry. There are 56 other stocks in this industry. QGEN outperforms 83% of them.
QGEN has an average volume of 1378680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, QGEN turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
QGEN 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 QGEN is lagging the market slightly.
In the last month QGEN has a been trading in a tight range between 41.11 and 43.46.
Although the technical rating is only medium, QGEN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 42.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 41.90, a Stop Loss order could be placed below this zone.
More info and screens
36.86
47.99
We found 3 important support areas.
- A support zone ranging from 41.23 to 41.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @40.48 from a horizontal line in the daily time frame.
- A support zone ranging from 37.23 to 38.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 42.21 to 43.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @44.16 from a horizontal line in the daily time frame.
- Resistance @45.30 from a trend line in the weekly time frame.
- A resistance zone ranging from 46.53 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 | 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 | 60.29 | NEUTRAL | QGEN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QGEN is below a declining 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) | DOWN | NEGATIVE | The current price of QGEN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.07 | NEUTRAL | The RSI value for QGEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests QGEN has a negative trend. |
| Stochastics (14,3) | 48.9 | NEUTRAL | The Stochastics value for QGEN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for QGEN suggests low volalility. |
| Average Directional Index/ADX (14) | 19.33 | NEGATIVE | The low ADX value for QGEN suggests a weak or negative 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)
42.05
-0.27 (-0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-0.64%
1 Week-1.41%
2 Weeks0.45%
1 Month-0.05%
3 Month6.27%
6 Month-1.71%
12 Month-3.84%
2 Year-9.68%
3 Year-11.23%
5 Year-6.85%
10 Year59.86%
15 Year86.33%
Volatility
ATR(14)0.87
ATR(20)%1.99%
ATR Inc-48.94%
Range Today0.38
ADR(20)0.79
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.29
Mansfield-0.39
10 Day High43.05
10 Day Low41.11
20 Day High43.46
20 Day Low41.11
52 Week High47.93
52 Week Low37.63
CS1 End41.9
CR1 Start42.21
Volume & EV
DER(3)0.42%
DER(5)-0.82%
Volume1.33M
Volume Incr-0.14%
Vol(5)1.34M
Vol(50)1.38M