Overall QIPT gets a technical rating of 8 out of 10. Both in the recent history as in the last year, QIPT has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- QIPT is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry. QIPT outperforms 83% of them.
- QIPT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When comparing the yearly performance of all stocks, we notice that QIPT is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month QIPT has a been trading in a tight range between 3.55 and 3.61.
- Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, QIPT also presents a decent setup pattern. 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 support zone below the current price at 3.55, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
2.15
We found 5 important support areas.
- A support zone ranging from 3.55 to 3.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.58 from a trend line in the weekly time frame.
- A support zone ranging from 2.49 to 2.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.44 from a trend line in the daily time frame.
- Support @2.17 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.57 to 3.61. This zone is formed by a combination of multiple trend lines and important moving averages 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 QIPT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QIPT is up. |
| ChartMill Relative Strength | 87.05 | POSITIVE | QIPT has a high relative strength, it outperformed 87.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QIPT is below a declining 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) | UP | POSITIVE | The current price of QIPT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.96 | NEUTRAL | The RSI value for QIPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests QIPT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.22 | NEUTRAL | The Stochastics value for QIPT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.71 | LOW VOLATILITY | The low ATR as a percentage value for QIPT suggests low volalility. |
| Average Directional Index/ADX (14) | 58.8 | POSITIVE | The high ADX value value for QIPT suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.58 | 3.54 | 0.04 (1.19%) | 25.00% |
| An entry @3.58. This is a Buy Stop order right above the 10 day moving average. | An exit @3.54. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.04 points, which is 1.19%. | For a 0.30% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
3.56
0 (-0.14%)
QUIPT HOME MEDICAL CORP / QIPT FAQ
Can you provide the ChartMill technical rating for QUIPT HOME MEDICAL CORP?
ChartMill assigns a technical rating of 8 / 10 to QIPT.
Can you provide the trend direction for QUIPT HOME MEDICAL CORP?
The current trend direction for QUIPT HOME MEDICAL CORP (QIPT) is Bullish.
Can you provide the RSI signal for QUIPT HOME MEDICAL CORP?
QUIPT HOME MEDICAL CORP (QIPT) has an RSI value of 67.9591. This indicates that the stock is currently neutral.
What is the MACD signal for QUIPT HOME MEDICAL CORP (QIPT) stock?
The MACD indicator for QUIPT HOME MEDICAL CORP (QIPT) has a value of -0.0286743, indicating a bearish trend.
Can you provide the short term momentum for QUIPT HOME MEDICAL CORP?
The short term momentum for QUIPT HOME MEDICAL CORP (QIPT) is positive.