
Q&K INTERNATIONAL GROUP-ADR (QK) Technical Analysis
NASDAQ:QK • US74738J2015
Current stock price
QK Technical Rating and Analysis
Taking everything into account, QK scores 7 out of 10 in our technical rating. 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 gets the benefit of the doubt for now.
- QK is part of the Real Estate Management & Development industry. There are 62 other stocks in this industry. QK outperforms 95% of them.
- 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 Weekly and Daily overview Charts
QK Setup Rating and Analysis
Although QK has an excellent technical rating, the quality of the presented setup is not ideal 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
We found 3 important support 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.
3 important resistance areas can be observed.
- 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.
Can you provide the RSI signal for Q&K INTERNATIONAL GROUP-ADR?
Q&K INTERNATIONAL GROUP-ADR (QK) has an RSI value of 45.1994. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Q&K INTERNATIONAL GROUP-ADR?
The MACD indicator for Q&K INTERNATIONAL GROUP-ADR (QK) has a value of -0.0557136, indicating a bearish trend.