QUEST RESOURCE HOLDING CORP (QRHC) Technical Analysis
NASDAQ:QRHC • US74836W2035
We assign a technical rating of 0 out of 10 to QRHC. QRHC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, QRHC is a bad performer in the overall market: 93% of all stocks are doing better.
- QRHC is one of the lesser performing stocks in the Commercial Services & Supplies industry. 74% of 82 stocks in the same industry do better.
- QRHC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so QRHC is lagging the market.
- In the last month QRHC has a been trading in the 1.45 - 2.11 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
QRHC 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
1.44
3 important resistance areas can be observed.
- Resistance @1.56 from a trend line in the weekly time frame.
- Resistance @1.67 from a trend line in the daily time frame.
- Resistance @2.22 from a horizontal line in the weekly time frame.
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 QRHC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QRHC is down. |
| ChartMill Relative Strength | 7.51 | NEGATIVE | QRHC has a low relative strength, it was outperformed by 92.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QRHC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QRHC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QRHC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.13 | NEUTRAL | The RSI value for QRHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests QRHC has a negative trend. |
| Stochastics (14,3) | 15.48 | OVERSOLD | The low Stochastics value suggests QRHC may be oversold. |
| Average True Range in percent/ATR (20) | 10 | HIGH VOLATILITY | The high ATR as a percentage value for QRHC suggests high volalility. |
| Average Directional Index/ADX (14) | 28.72 | POSITIVE | The high ADX value value for QRHC suggests a strong trend. |
QRHC Technicals: Chart, Performance Metrics, Trend & Indicators
1.45
-0.13 (-8.23%)
QUEST RESOURCE HOLDING CORP / QRHC FAQ
What is the ChartMill technical rating of QUEST RESOURCE HOLDING CORP (QRHC) stock?
ChartMill assigns a technical rating of 0 / 10 to QRHC.
What is the current trend direction of QUEST RESOURCE HOLDING CORP (QRHC) stock?
The current trend direction for QUEST RESOURCE HOLDING CORP (QRHC) is Bearish.
What is the RSI signal for QUEST RESOURCE HOLDING CORP (QRHC) stock?
QUEST RESOURCE HOLDING CORP (QRHC) has an RSI value of 31.1327. This indicates that the stock is currently neutral.
What is the MACD signal for QUEST RESOURCE HOLDING CORP (QRHC) stock?
The MACD indicator for QUEST RESOURCE HOLDING CORP (QRHC) has a value of -0.0207712, indicating a bearish trend.
What is the buy/sell signal for QUEST RESOURCE HOLDING CORP (QRHC) stock?
The buy/sell signal for QUEST RESOURCE HOLDING CORP (QRHC) is sell as both the short term and long term trends are negative.