QUIPT HOME MEDICAL CORP (QIPT) Stock Technical Analysis
NASDAQ:QIPT - Nasdaq - CA74880P1045 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to QIPT. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, QIPT is a bad performer in the overall market: 93% of all stocks are doing better.
QIPT is part of the Health Care Providers & Services industry. There are 103 other stocks in this industry, of which 76% are performing better than QIPT.
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.
In the last month QIPT has a been trading in the 1.75 - 2.21 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
QIPT has an average volume of 1259210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
QIPT has a poor technical rating and the quality of the setup is also only medium 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
1.72
2.54
We found 2 important support areas.
- Support @1.77 from a horizontal line in the weekly time frame.
- Support @1.74 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 1.93 to 1.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.01 to 2.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.15 from a horizontal line in the daily time frame.
- Resistance @2.42 from a trend line in the weekly time frame.
- Resistance @2.51 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 is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QIPT is down. |
| ChartMill Relative Strength | 7.25 | NEGATIVE | QIPT has a low relative strength, it was outperformed by 92.75% 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) | DOWN | NEGATIVE | The current price of QIPT is below a declining 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) | 43.56 | NEUTRAL | The RSI value for QIPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests QIPT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.16 | OVERSOLD | The low Stochastics value suggests QIPT may be oversold. |
| Average True Range in percent/ATR (20) | 6.97 | HIGH VOLATILITY | The high ATR as a percentage value for QIPT suggests high volalility. |
| Average Directional Index/ADX (14) | 14.36 | NEGATIVE | The low ADX value for QIPT 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)
NASDAQ:QIPT (7/2/2025, 8:00:00 PM)
1.78
+0.03 (+1.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg1.71%
1 Week-7.77%
2 Weeks-3.78%
1 Month-1.11%
3 Month-12.75%
6 Month-41.64%
12 Month-40.67%
2 Year-66.48%
3 Year-66.79%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%6.97%
ATR Inc-22.75%
Range Today0.06
ADR(20)0.11
ADR(20)%6.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.25
Mansfield-3.65
10 Day High1.97
10 Day Low1.75
20 Day High2.21
20 Day Low1.75
52 Week High4.07
52 Week Low1.35
CS1 End1.79
CR1 Start1.91
Volume & EV
DER(3)5.38%
DER(5)6.68%
Volume364.00K
Volume Incr177.99%
Vol(5)1.34M
Vol(50)1.26M