We assign a technical rating of 7 out of 10 to QRHC. In the last year, QRHC was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- QRHC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month QRHC has a been trading in the 1.83 - 2.41 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, QRHC outperforms 42% of them, which is more or less in line with the market.
- QRHC is an average performer in the Commercial Services & Supplies industry, it outperforms 58% of 80 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
QRHC has an excellent technical rating, but the quality of the setup is 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
1.92
We found 1 important support area.
- A support zone ranging from 1.94 to 1.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @2.24 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 | NEUTRAL | NEUTRAL | The long term trend for QRHC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QRHC is up. |
| ChartMill Relative Strength | 42.88 | NEUTRAL | QRHC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QRHC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QRHC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of QRHC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.42 | NEUTRAL | The RSI value for QRHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests QRHC has a positive trend. |
| Stochastics (14,3) | 68.7 | NEUTRAL | The Stochastics value for QRHC is a neutral value. |
| Average True Range in percent/ATR (20) | 6.91 | HIGH VOLATILITY | The high ATR as a percentage value for QRHC suggests high volalility. |
| Average Directional Index/ADX (14) | 26.14 | POSITIVE | The high ADX value value for QRHC suggests a strong trend. |
2.23
-0.18 (-7.47%)
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 7 / 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 58.4224. 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 0.0270599, indicating a bearish trend.