QUALIGEN THERAPEUTICS INC (QLGN) Stock Technical Analysis
NASDAQ:QLGN - Nasdaq - US74754R3012 - Common Stock - Currency: USD
Taking everything into account, QLGN scores 4 out of 10 in our technical rating. In the past year, QLGN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, QLGN is a bad performer in the overall market: 89% of all stocks are doing better.
QLGN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so QLGN is lagging the market.
QLGN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
QLGN is part of the Biotechnology industry. There are 562 other stocks in this industry, QLGN did better than 49% of them.
QLGN has an average technical rating and the quality of the presented setup is also not ideal at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
2.98
3.98
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.76 to 3.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.44 to 3.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @3.01 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.87 to 3.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for QLGN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QLGN is up. |
| ChartMill Relative Strength | 11.54 | NEGATIVE | QLGN has a low relative strength, it was outperformed by 88.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QLGN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QLGN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QLGN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.92 | NEUTRAL | The RSI value for QLGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests QLGN has a negative trend. |
| Stochastics (14,3) | 52.56 | NEUTRAL | The Stochastics value for QLGN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.16 | HIGH VOLATILITY | The high ATR as a percentage value for QLGN suggests high volalility. |
| Average Directional Index/ADX (14) | 34.4 | POSITIVE | The high ADX value value for QLGN suggests a strong 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:QLGN (5/23/2025, 8:49:09 PM)
3.7734
-0.01 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.31%
1 Week-2.5%
2 Weeks5.11%
1 Month8.59%
3 Month6.36%
6 Month-21.89%
12 Month-75.26%
2 Year-91.82%
3 Year-98.65%
5 Year-99.88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%6.16%
ATR Inc-34.01%
Range Today0.27
ADR(20)0.23
ADR(20)%6.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.54
Mansfield-4.46
10 Day High4.14
10 Day Low3.52
20 Day High4.14
20 Day Low3.12
52 Week High29.44
52 Week Low2.85
CS1 End3.76
CR1 Start3.87
Volume & EV
DER(3)-8.19%
DER(5)-8.43%
Volume5.80K
Volume Incr-89.18%
Vol(5)4.84K
Vol(50)70.72K