QUINCE THERAPEUTICS INC (QNCX) Stock Technical Analysis
NASDAQ:QNCX • US22053A1079
We assign a technical rating of 0 out of 10 to QNCX. QNCX'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, QNCX is a bad performer in the overall market: 100% of all stocks are doing better.
- QNCX is part of the Biotechnology industry. There are 521 other stocks in this industry, of which 92% are performing better than QNCX.
- QNCX 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.
- In the last month QNCX has a been trading in the 0.13 - 3.45 range, which is quite wide. It is currently trading near the lows of this range.
- QNCX has an average volume of 62897800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
QNCX has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.18
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 QNCX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QNCX is down. |
| ChartMill Relative Strength | 0.39 | NEGATIVE | QNCX has a low relative strength, it was outperformed by 99.61% 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) | DOWN | NEGATIVE | The current price of QNCX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QNCX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.12 | OVERSOLD | The low RSI value suggests QNCX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests QNCX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 1.96 | OVERSOLD | The low Stochastics value suggests QNCX may be oversold. |
| Average True Range in percent/ATR (20) | 182.96 | HIGH VOLATILITY | The high ATR as a percentage value for QNCX suggests high volalility. |
| Average Directional Index/ADX (14) | 33.9 | POSITIVE | The high ADX value value for QNCX suggests a strong trend. |
0.178
-0.01 (-3.78%)
QUINCE THERAPEUTICS INC / QNCX FAQ
Can you provide the ChartMill technical rating for QUINCE THERAPEUTICS INC?
ChartMill assigns a technical rating of 0 / 10 to QNCX.
What is the trend direction for QNCX stock?
The current trend direction for QUINCE THERAPEUTICS INC (QNCX) is Bearish.
What is the RSI signal for QNCX stock?
QUINCE THERAPEUTICS INC (QNCX) has an RSI value of 28.1224. This indicates that the stock is currently oversold.
What is the MACD signal for QNCX stock?
The MACD indicator for QUINCE THERAPEUTICS INC (QNCX) has a value of -0.00409098, indicating a bearish trend.
What is the buy/sell signal for QUINCE THERAPEUTICS INC (QNCX) stock?
The buy/sell signal for QUINCE THERAPEUTICS INC (QNCX) is sell as both the short term and long term trends are negative.