QUALIGEN THERAPEUTICS INC (QLGN) Stock Technical Analysis
NASDAQ:QLGN - Nasdaq - US74754R3012 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to QLGN. QLGN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, QLGN is a bad performer in the overall market: 96% of all stocks are doing better.
QLGN is one of the lesser performing stocks in the Biotechnology industry. 76% of 557 stocks in the same industry do better.
QLGN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Warning: QLGN has an average volume of 13504 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month QLGN has a been trading in the 3.15 - 4.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
QLGN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for QLGN 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.
More info and screens
2.96
3.92
2 important support areas can be observed.
- Support @3.17 from a trend line in the daily time frame.
- A support zone ranging from 2.99 to 2.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.51 to 3.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.82 to 3.88. 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 | NEUTRAL | NEUTRAL | The short term trend for QLGN is neutral. |
| ChartMill Relative Strength | 4.9 | NEGATIVE | QLGN has a low relative strength, it was outperformed by 95.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QLGN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QLGN is below a declining 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) | 45.32 | NEUTRAL | The RSI value for QLGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests QLGN has a positive trend. |
| Stochastics (14,3) | 40.04 | NEUTRAL | The Stochastics value for QLGN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.74 | HIGH VOLATILITY | The high ATR as a percentage value for QLGN suggests high volalility. |
| Average Directional Index/ADX (14) | 26.83 | 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 (7/11/2025, 8:00:00 PM)
3.42
-0.1 (-2.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.84%
1 Week8.23%
2 Weeks-3.39%
1 Month-9.95%
3 Month14%
6 Month-20.09%
12 Month-84.24%
2 Year-93.95%
3 Year-98.37%
5 Year-99.88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%7.74%
ATR Inc15.6%
Range Today0.52
ADR(20)0.26
ADR(20)%7.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.9
Mansfield-4.2
10 Day High3.99
10 Day Low3.15
20 Day High4
20 Day Low3.15
52 Week High21.4
52 Week Low2.85
CS1 End3.17
CR1 Start3.51
Volume & EV
DER(3)7.14%
DER(5)-1.25%
Volume45.30K
Volume Incr187.85%
Vol(5)31.26K
Vol(50)13.50K