QUIPT HOME MEDICAL CORP (QIPT.CA) Stock Technical Analysis
TSX-V:QIPT - TSX Venture Exchange - CA74880P1045 - Common Stock - Currency: CAD
Overall QIPT gets a technical rating of 0 out of 10. QIPT'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
95% of all other stocks performed better in the past year than QIPT.
QIPT is part of the Health Care Providers & Services industry. There are 16 other stocks in this industry, of which 86% are performing better than QIPT.
QIPT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so QIPT is lagging the market.
In the last month QIPT has a been trading in the 1.90 - 3.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, QIPT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for QIPT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.35
3.98
We can see 4 important resistance areas.
- A resistance zone ranging from 2.53 to 2.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.79 to 2.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.01 from a horizontal line in the daily time frame.
- Resistance @3.94 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for QIPT.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QIPT.CA is down. |
| ChartMill Relative Strength | 5.54 | NEGATIVE | QIPT.CA has a low relative strength, it was outperformed by 94.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QIPT.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QIPT.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QIPT.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.16 | NEUTRAL | The RSI value for QIPT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests QIPT.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.03 | NEUTRAL | The Stochastics value for QIPT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.64 | HIGH VOLATILITY | The high ATR as a percentage value for QIPT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.14 | NEGATIVE | The low ADX value for QIPT.CA 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)
TSX-V:QIPT (6/2/2025, 7:00:00 PM)
2.37
-0.09 (-3.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-3.66%
1 Week-6.69%
2 Weeks21.54%
1 Month-21%
3 Month-35.77%
6 Month-37.47%
12 Month-46.26%
2 Year-66.62%
3 Year-59.76%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%9.64%
ATR Inc-42.11%
Range Today0.08
ADR(20)0.18
ADR(20)%7.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.54
Mansfield-3.92
10 Day High3.08
10 Day Low2.33
20 Day High3.11
20 Day Low1.9
52 Week High5.6
52 Week Low1.9
CS1 EndN/A
CR1 Start2.53
Volume & EV
DER(3)10.55%
DER(5)9.22%
Volume16.00K
Volume Incr-67.12%
Vol(5)19.37K
Vol(50)33.87K