QUINCE THERAPEUTICS INC (QNCX) Stock Technical Analysis
NASDAQ:QNCX - US22053A1079 - Common Stock
1.6 USD
+0.06 (+3.9%)
1.57 USD
-0.03 (-1.88%)
Taking everything into account, QNCX scores 4 out of 10 in our technical rating. QNCX was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month QNCX has a been trading in the 1.47 - 1.93 range, which is quite wide. It is currently trading near the lows of this range.
QNCX is part of the Biotechnology industry. There are 545 other stocks in this industry. QNCX outperforms 92% of them.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that QNCX is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
QNCX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so QNCX is lagging the market.
Considerably lower volume is observed in the last couple of days.
QNCX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
0.92
1.87
3 important support areas can be observed.
- Support @1.53 from a horizontal line in the daily time frame.
- Support @0.97 from a trend line in the weekly time frame.
- Support @0.93 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @1.77 from a trend line in the daily time frame.
- A resistance zone ranging from 1.83 to 1.85. 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 | NEUTRAL | NEUTRAL | The long term trend for QNCX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QNCX is down. |
| ChartMill Relative Strength | 96.41 | POSITIVE | QNCX has a high relative strength, it outperformed 96.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QNCX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of QNCX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of QNCX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.01 | NEUTRAL | The RSI value for QNCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests QNCX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.46 | OVERSOLD | The low Stochastics value suggests QNCX may be oversold. |
| Average True Range in percent/ATR (20) | 7.04 | HIGH VOLATILITY | The high ATR as a percentage value for QNCX suggests high volalility. |
| Average Directional Index/ADX (14) | 14.97 | NEGATIVE | The low ADX value for QNCX suggests a weak or negative 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)
1.6
+0.06 (+3.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.9%
1 Week-1.84%
2 Weeks-5.33%
1 Month-4.76%
3 Month53.85%
6 Month10.34%
12 Month131.55%
2 Year22.14%
3 Year-9.09%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%7.04%
ATR Inc1.12%
Range Today0.15
ADR(20)0.11
ADR(20)%6.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.41
Mansfield0.38
10 Day High1.71
10 Day Low1.47
20 Day High1.93
20 Day Low1.47
52 Week High2.45
52 Week Low0.66
CS1 End1.53
CR1 Start1.77
Volume & EV
DER(3)-6.96%
DER(5)-7.88%
Volume224.80K
Volume Incr-34.78%
Vol(5)133.36K
Vol(50)219.45K