Q&K INTERNATIONAL GROUP-ADR (QK) Stock Technical Analysis
NASDAQ:QK - Nasdaq - US74738J2015 - ADR - Currency: USD
Overall QK gets a technical rating of 7 out of 10. In the last year, QK was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month QK has a been trading in the 2.51 - 3.28 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.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
QK is one of the better performing stocks in the Real Estate Management & Development industry, it outperforms 87% of 65 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that QK is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
QK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so QK is lagging the market.
Considerably lower volume is observed in the last couple of days.
QK has an excellent technical rating, but the quality of the setup is 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
1.43
3.21
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.70 to 2.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.06 from a trend line in the daily time frame.
- Support @1.44 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.92 to 2.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 3.06 to 3.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.18 from a trend line in the daily 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 | UP | POSITIVE | The long term trend for QK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QK is neutral. |
| ChartMill Relative Strength | 90.07 | POSITIVE | QK has a high relative strength, it outperformed 90.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.2 | NEUTRAL | The RSI value for QK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests QK has a negative trend. |
| Stochastics (14,3) | 27.53 | NEUTRAL | The Stochastics value for QK is a neutral value. |
| Average True Range in percent/ATR (20) | 7.26 | HIGH VOLATILITY | The high ATR as a percentage value for QK suggests high volalility. |
| Average Directional Index/ADX (14) | 23.29 | NEUTRAL | The ADX value for QK 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:QK (9/23/2022, 8:23:17 PM)
2.74
+0.03 (+1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg1.11%
1 Week-10.46%
2 Weeks-7.43%
1 Month-16.72%
3 Month31.1%
6 Month50.55%
12 Month-22.82%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%7.26%
ATR Inc4.52%
Range Today0.23
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.07
Mansfield4.5
10 Day High3.18
10 Day Low2.51
20 Day High3.28
20 Day Low2.51
52 Week High5.1
52 Week Low0.6
CS1 End2.73
CR1 Start2.92
Volume & EV
DER(3)3.23%
DER(5)-9.13%
Volume5.70K
Volume Incr-47%
Vol(5)8.30K
Vol(50)90.79K