Taking everything into account, QNRX scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. QNRX was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, QNRX is a bad performer in the overall market: 94% of all stocks are doing better.
QNRX is part of the Biotechnology industry. There are 561 other stocks in this industry, of which 65% are performing better than QNRX.
QNRX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so QNRX is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
QNRX has an average volume of 4813090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month QNRX has a been trading in the 5.74 - 9.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.