We assign a technical rating of 9 out of 10 to QIPT. 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.
Although QIPT has an excellent technical rating, it 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.
2.15
We found 3 important support areas.
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 | 90.04 | POSITIVE | QIPT has a high relative strength, it outperformed 90.04% 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) | UP | POSITIVE | The current price of QIPT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 85.55 | OVERBOUGHT | The high RSI value suggests QIPT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests QIPT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 97.76 | OVERBOUGHT | The high Stochastics value suggests QIPT may be overbought. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for QIPT suggests some volalility. |
| Average Directional Index/ADX (14) | 40.08 | POSITIVE | The high ADX value value for QIPT suggests a strong trend. |
3.52
+0.01 (+0.28%)
ChartMill assigns a technical rating of 9 / 10 to QIPT.
The current trend direction for QUIPT HOME MEDICAL CORP (QIPT) is Bullish.
QUIPT HOME MEDICAL CORP (QIPT) has an RSI value of 85.5487. This indicates that the stock is currently overbought.
The MACD indicator for QUIPT HOME MEDICAL CORP (QIPT) has a value of 0.124625, indicating a bearish trend.
The short term momentum for QUIPT HOME MEDICAL CORP (QIPT) is positive.