QURATE RETAIL GROUP INC-B (QRTEB) Stock Technical Analysis
NASDAQ:QRTEB • US74915M2098
Taking everything into account, QRTEB scores 0 out of 10 in our technical rating. QRTEB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 95% of all other stocks performed better in the past year than QRTEB.
- QRTEB is one of the lesser performing stocks in the Broadline Retail industry. 89% of 30 stocks in the same industry do better.
- QRTEB is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month QRTEB has a been trading in the 2.00 - 2.45 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.
- Warning: QRTEB has an average volume of 5080 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Although the technical rating is bad, QRTEB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for QRTEB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.98
We can see 6 important resistance areas.
- A resistance zone ranging from 2.13 to 2.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.21 to 2.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.53 to 2.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.79 from a trend line in the weekly time frame.
- Resistance @4.23 from a horizontal line in the weekly time frame.
- Resistance @4.34 from a horizontal line in the daily 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 QRTEB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QRTEB is down. |
| ChartMill Relative Strength | 5.07 | NEGATIVE | QRTEB has a low relative strength, it was outperformed by 94.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QRTEB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QRTEB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QRTEB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.05 | NEUTRAL | The RSI value for QRTEB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests QRTEB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 9.06 | OVERSOLD | The low Stochastics value suggests QRTEB may be oversold. |
| Average True Range in percent/ATR (20) | 10.55 | HIGH VOLATILITY | The high ATR as a percentage value for QRTEB suggests high volalility. |
| Average Directional Index/ADX (14) | 14.52 | NEGATIVE | The low ADX value for QRTEB suggests a weak or negative trend. |
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-0.02 (-0.99%)
QURATE RETAIL GROUP INC-B / QRTEB FAQ
What is the technical rating for QRTEB stock?
ChartMill assigns a technical rating of 0 / 10 to QRTEB.
Can you provide the trend direction for QURATE RETAIL GROUP INC-B?
The current trend direction for QURATE RETAIL GROUP INC-B (QRTEB) is Bearish.
What is the RSI signal for QURATE RETAIL GROUP INC-B (QRTEB) stock?
QURATE RETAIL GROUP INC-B (QRTEB) has an RSI value of 39.0517. This indicates that the stock is currently neutral.
Can you provide the MACD signal for QURATE RETAIL GROUP INC-B?
The MACD indicator for QURATE RETAIL GROUP INC-B (QRTEB) has a value of 0.00990063, indicating a bearish trend.
What is the support and resistance level for QRTEB stock?
QURATE RETAIL GROUP INC-B (QRTEB) has a resistance level at 2.13. Check the full technical report for our detailed analysis of QRTEB support and resistance levels.