QUANTUMSCAPE CORP (QS) Technical Analysis
NASDAQ:QS • US74767V1098
Current stock price
QS Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to QS. In the past year, QS was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- QS 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.
- When comparing the yearly performance of all stocks, we notice that QS is one of the better performing stocks in the market, outperforming 84% of all stocks.
- QS is part of the Automobile Components industry. There are 42 other stocks in this industry. QS outperforms 73% of them.
- QS has an average volume of 15761700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month QS has a been trading in the 6.01 - 9.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
QS Weekly and Daily overview Charts
QS Setup Rating and Analysis
QS has only a medium 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 QS 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
QS Support and Resistance Analysis
6.19
We found 4 important support areas.
- A support zone ranging from 7.15 to 7.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 6.81 to 6.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.51 from a trend line in the weekly time frame.
- Support @6.25 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 7.26 to 7.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.42 to 7.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
QS Technical Indicator Signal Analysis
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 QS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QS is neutral. |
| ChartMill Relative Strength | 84.39 | POSITIVE | QS has a high relative strength, it outperformed 84.39% 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) | DOWN | NEGATIVE | The current price of QS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.01 | NEUTRAL | The RSI value for QS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests QS has a positive trend. |
| Stochastics (14,3) | 24.44 | NEUTRAL | The Stochastics value for QS is a neutral value. |
| Average True Range in percent/ATR (20) | 8.01 | HIGH VOLATILITY | The high ATR as a percentage value for QS suggests high volalility. |
| Average Directional Index/ADX (14) | 33.6 | POSITIVE | The high ADX value value for QS suggests a strong trend. |
QS Chart- and CandleStick Pattern Analysis
QS Technicals: Chart, Performance Metrics, Trend & Indicators
7.26
-0.03 (-0.41%)
QUANTUMSCAPE CORP / QS TA FAQ
What is the technical rating for QS stock?
ChartMill assigns a technical rating of 5 / 10 to QS.
What is the current trend direction of QUANTUMSCAPE CORP (QS) stock?
The current trend direction for QUANTUMSCAPE CORP (QS) is Bearish.
Can you provide the RSI signal for QUANTUMSCAPE CORP?
QUANTUMSCAPE CORP (QS) has an RSI value of 56.01. This indicates that the stock is currently neutral.
What is the MACD signal for QS stock?
The MACD indicator for QUANTUMSCAPE CORP (QS) has a value of 0.0472614, indicating a bearish trend.
Can you provide the support and resistance levels for QUANTUMSCAPE CORP?
QUANTUMSCAPE CORP (QS) has a support level at 7.2 and a resistance level at 7.26. Check the full technical report for our detailed analysis of QS support and resistance levels.