QUIPT HOME MEDICAL CORP (QIPT) Stock Technical Analysis
NASDAQ:QIPT - Nasdaq - CA74880P1045 - Common Stock - Currency: USD
Taking everything into account, QIPT scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. QIPT was also a bad performer in the overall market in the last year.
89% of all other stocks performed better in the past year than QIPT.
QIPT is one of the lesser performing stocks in the Health Care Providers & Services industry. 63% of 103 stocks in the same industry do better.
QIPT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month QIPT has a been trading in the 1.72 - 2.27 range, which is quite wide. It is currently trading near the high of this range.
QIPT has an average volume of 1307900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
QIPT has an average technical rating and it also 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
1.71
2.43
We found 3 important support areas.
- A support zone ranging from 1.94 to 1.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.88 to 1.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.73 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.24 to 2.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.31 from a trend line in the weekly time frame.
- Resistance @2.41 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 | NEUTRAL | NEUTRAL | The long term trend for QIPT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QIPT is up. |
| ChartMill Relative Strength | 11 | NEGATIVE | QIPT has a low relative strength, it was outperformed by 89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QIPT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QIPT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QIPT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.51 | NEUTRAL | The RSI value for QIPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests QIPT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.82 | OVERBOUGHT | The high Stochastics value suggests QIPT may be overbought. |
| Average True Range in percent/ATR (20) | 4.38 | MEDIUM VOLATILITY | The ATR as a percentage value for QIPT suggests some volalility. |
| Average Directional Index/ADX (14) | 22.96 | NEUTRAL | The ADX value for QIPT suggests a possible start of a new 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)
NASDAQ:QIPT (7/25/2025, 8:19:03 PM)
2.23
+0.04 (+1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg1.83%
1 Week6.7%
2 Weeks19.25%
1 Month17.37%
3 Month6.19%
6 Month-25.42%
12 Month-41.16%
2 Year-58%
3 Year-58.4%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%4.38%
ATR Inc13.8%
Range Today0.15
ADR(20)0.1
ADR(20)%4.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11
Mansfield-1.95
10 Day High2.27
10 Day Low1.87
20 Day High2.27
20 Day Low1.72
52 Week High4.07
52 Week Low1.35
CS1 End1.95
CR1 Start2.24
Volume & EV
DER(3)-0.73%
DER(5)0.72%
Volume237.20K
Volume Incr-52.97%
Vol(5)262.04K
Vol(50)1.31M