Q&K INTERNATIONAL GROUP-ADR (QK) Technical Analysis
NASDAQ:QK • US74738J2015
Current stock price
QK Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to QK. 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 part of the Real Estate Management & Development industry. There are 63 other stocks in this industry. QK outperforms 90% of them.
- Looking at the yearly performance, QK did better than 90% of all other 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 trading in the upper part of its 52 week range, so QK is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
QK Weekly and Daily overview Charts
QK Setup Rating and Analysis
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
QK Support and Resistance Analysis
1.43
3 important support areas can be observed.
- 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.
When analyzing the resistance we notice 3 important 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.
QK Technical Indicator Signal Analysis
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. |
QK Chart- and CandleStick Pattern Analysis
QK Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:QK (9/23/2022, 8:23:17 PM)
2.74
+0.03 (+1.11%)
Q&K INTERNATIONAL GROUP-ADR / QK TA FAQ
What is the ChartMill technical rating of Q&K INTERNATIONAL GROUP-ADR (QK) stock?
ChartMill assigns a technical rating of 6 / 10 to QK.
What is the trend direction for QK stock?
The current trend direction for Q&K INTERNATIONAL GROUP-ADR (QK) is Bullish.
What is the RSI signal for QK stock?
Q&K INTERNATIONAL GROUP-ADR (QK) has an RSI value of 45.1994. This indicates that the stock is currently neutral.
What is the short term momentum for Q&K INTERNATIONAL GROUP-ADR (QK) stock?
The short term momentum for Q&K INTERNATIONAL GROUP-ADR (QK) is neutral.
What are the support and resistance levels for Q&K INTERNATIONAL GROUP-ADR (QK) stock?
Q&K INTERNATIONAL GROUP-ADR (QK) has a support level at 2.73 and a resistance level at 2.92. Check the full technical report for our detailed analysis of QK support and resistance levels.