QUIPT HOME MEDICAL CORP (QIPT) Stock Technical Analysis
NASDAQ:QIPT - Nasdaq - CA74880P1045 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to QIPT. QIPT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
QIPT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.02, a Stop Loss order could be placed below this zone. 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.
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1.71
4 important support areas can be observed.
- A support zone ranging from 2.01 to 2.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.97 from a horizontal line in the daily time frame.
- Support @1.77 from a horizontal line in the weekly time frame.
- Support @1.73 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.31 to 2.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.65 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 | DOWN | NEGATIVE | The short term trend for QIPT is down. |
| ChartMill Relative Strength | 59 | NEUTRAL | QIPT is not amongst the best or worst performers 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 | MIXED | The current price of QIPT is above 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) | 46.75 | NEUTRAL | The RSI value for QIPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests QIPT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.24 | NEUTRAL | The Stochastics value for QIPT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.7 | HIGH VOLATILITY | The high ATR as a percentage value for QIPT suggests high volalility. |
| Average Directional Index/ADX (14) | 21.31 | NEUTRAL | The ADX value for QIPT suggests a possible start of a new trend. |
NASDAQ:QIPT (8/15/2025, 8:00:01 PM)
2.04
+0.05 (+2.51%)