QUANTUMSCAPE CORP (QS) Stock Technical Analysis
NYSE:QS - New York Stock Exchange, Inc. - US74767V1098 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to QS. Both in the recent history as in the last year, QS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
QS is part of the Automobile Components industry. There are 80 other stocks in this industry. QS outperforms 93% of them.
A new 52 week high is currently being made by QS, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month QS has a been trading in the 4.16 - 11.15 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
QS has an average volume of 29201100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, QS did better than 97% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although QS has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.83
10.96
When analyzing the support we can see 2 important areas.
- Support @4.73 from a horizontal line in the daily time frame.
- Support @3.87 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 | UP | POSITIVE | The long term trend for QS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QS is up. |
| ChartMill Relative Strength | 97.26 | POSITIVE | QS has a high relative strength, it outperformed 97.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QS is above 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) | 84.5 | OVERBOUGHT | The high RSI value suggests QS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests QS has a positive trend. |
| Stochastics (14,3) | 95.08 | OVERBOUGHT | The high Stochastics value suggests QS may be overbought. |
| Average True Range in percent/ATR (20) | 7.1 | HIGH VOLATILITY | The high ATR as a percentage value for QS suggests high volalility. |
| Average Directional Index/ADX (14) | 57.6 | POSITIVE | The high ADX value value for QS suggests a strong 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)
10.85
+0.8 (+7.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg7.96%
1 Week32.64%
2 Weeks61.46%
1 Month150%
3 Month186.28%
6 Month107.85%
12 Month33.62%
2 Year-18.48%
3 Year0.28%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.01
ATR(20)%7.1%
ATR Inc16.45%
Range Today0.96
ADR(20)0.69
ADR(20)%6.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.26
Mansfield9.08
10 Day High11.15
10 Day Low6.14
20 Day High11.15
20 Day Low4.16
52 Week High11.15
52 Week Low3.4
CS1 End4.73
CR1 StartN/A
Volume & EV
DER(3)1.49%
DER(5)2.47%
Volume85.17M
Volume Incr36.73%
Vol(5)58.13M
Vol(50)29.20M