QUANTUMSCAPE CORP (QS) Stock Technical Analysis
NYSE:QS - US74767V1098 - Common Stock
8.1 USD
+0.06 (+0.75%)
8.1 USD
0 (0%)
Taking everything into account, QS scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
QS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
QS is one of the better performing stocks in the Automobile Components industry, it outperforms 92% of 80 stocks in the same industry.
QS has an average volume of 50292400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, QS did better than 94% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
QS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so QS is lagging the market.
Considerably lower volume is observed in the last couple of days.
QS has an average technical rating and it also does not offer a high quality setup 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
4.64
8.42
3 important support areas can be observed.
- A support zone ranging from 8.04 to 8.09. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @7.86 from a horizontal line in the daily time frame.
- A support zone ranging from 4.69 to 4.73. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.22 to 8.34. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for QS is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QS is down. |
| ChartMill Relative Strength | 94.66 | POSITIVE | QS has a high relative strength, it outperformed 94.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of QS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.2 | NEUTRAL | The RSI value for QS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests QS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.72 | NEUTRAL | The Stochastics value for QS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.76 | HIGH VOLATILITY | The high ATR as a percentage value for QS suggests high volalility. |
| Average Directional Index/ADX (14) | 15.3 | NEGATIVE | The low ADX value for QS 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)
8.1
+0.06 (+0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg0.75%
1 Week2.92%
2 Weeks-10.89%
1 Month-5.81%
3 Month102.5%
6 Month72.71%
12 Month39.41%
2 Year13.45%
3 Year-26.56%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%6.76%
ATR Inc-53.45%
Range Today0.21
ADR(20)0.53
ADR(20)%6.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.66
Mansfield2.99
10 Day High9.26
10 Day Low7.65
20 Day High9.7
20 Day Low7.65
52 Week High15.03
52 Week Low3.4
CS1 End8.09
CR1 Start8.22
Volume & EV
DER(3)-1.01%
DER(5)-0.01%
Volume8.62M
Volume Incr-62.42%
Vol(5)12.71M
Vol(50)50.29M