Quantshares U.S. Market Neutral (QLT) Stock Technical Analysis
NYSEARCA:QLT -
22.26
+22.26 (+Infinity%)
We assign a technical rating of 1 out of 10 to QLT. In the last year, QLT was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
100% of all other stocks performed better in the past year than QLT.
QLT is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
Warning: QLT has an average volume of 4664 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
In the last month QLT has a been trading in a tight range between %RANGE_LOW% and %RANGE_HIGH%.
The technical rating of QLT is bad and it also does not present a quality setup at the moment.
More info and screens
22.04
24.26
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.03 to 24.02. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for QLT is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QLT is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | QLT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QLT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QLT is below a declining SMA(50). |
| Average True Range in percent/ATR (20) | 0.47 | LOW VOLATILITY | The low ATR as a percentage value for QLT suggests low volalility. |
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)
Quantshares U.S. Market Neutral
NYSEARCA:QLT (10/24/2012, 9:38:09 AM)
22.26
+22.26 (+Infinity%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% ChgInfinity%
1 Week-0.6%
2 Weeks-0.43%
1 Month-2.8%
3 Month-2.31%
6 Month-1.85%
12 Month232700%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%0.47%
ATR Inc-72.73%
Range Today0.16
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
CRS0
Mansfield153.74
10 Day HighN/A
10 Day LowN/A
20 Day HighN/A
20 Day LowN/A
52 Week High26.2
52 Week Low23.02
CS1 EndN/A
CR1 Start23.03
Volume & EV
DER(3)0%
DER(5)0%
Volume3.17K
Volume Incr-47.62%
Vol(5)3.74K
Vol(50)4.66K