QURATE RETAIL GROUP INC-B (QRTEB) Stock Technical Analysis
NASDAQ:QRTEB - Nasdaq - US74915M2098 - Common Stock - Currency: USD
Taking everything into account, QRTEB scores 0 out of 10 in our technical rating. QRTEB'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, QRTEB is a bad performer in the overall market: 95% of all stocks are doing better.
QRTEB is one of the lesser performing stocks in the Broadline Retail industry. 92% of 28 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.
QRTEB has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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
4.38
6 important resistance areas can be observed.
- 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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
2
-0.02 (-0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-0.99%
1 Week-8.68%
2 Weeks-6.98%
1 Month-2.91%
3 Month-36.51%
6 Month-51.22%
12 Month-63.44%
2 Year-63.3%
3 Year-65.16%
5 Year-55.42%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%10.55%
ATR Inc-19.71%
Range Today0.25
ADR(20)0.16
ADR(20)%8.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.07
Mansfield-4.96
10 Day High2.45
10 Day Low2
20 Day High2.45
20 Day Low2
52 Week High6.3
52 Week Low2
CS1 EndN/A
CR1 Start2.13
Volume & EV
DER(3)6.75%
DER(5)5.64%
Volume5.40K
Volume Incr23.99%
Vol(5)3.36K
Vol(50)5.08K