Overall QLTA gets a technical rating of 2 out of 10. QLTA has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is bad, QLTA does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 48.26. Right above this resistance zone may be a good entry point.
45.71
We found 1 important support area.
We found 1 important resistance area.
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 QLTA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QLTA is down. |
| ChartMill Relative Strength | 43.61 | NEUTRAL | QLTA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QLTA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QLTA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QLTA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.43 | NEUTRAL | The RSI value for QLTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests QLTA has a negative trend. |
| Stochastics (14,3) | 21.8 | NEUTRAL | The Stochastics value for QLTA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.34 | LOW VOLATILITY | The low ATR as a percentage value for QLTA suggests low volalility. |
| Average Directional Index/ADX (14) | 13.55 | NEGATIVE | The low ADX value for QLTA suggests a weak or negative trend. |
48.08
-0.2 (-0.42%)
ChartMill assigns a technical rating of 2 / 10 to QLTA.
The current trend direction for ISHARES AAA - A RATED CORPOR (QLTA) is Bullish.
ISHARES AAA - A RATED CORPOR (QLTA) has an RSI value of 40.4316. This indicates that the stock is currently neutral.
The MACD indicator for ISHARES AAA - A RATED CORPOR (QLTA) has a value of -0.018586, indicating a bearish trend.
The buy/sell signal for ISHARES AAA - A RATED CORPOR (QLTA) is hold as the short term and long term trends are mixed.