QUANTUMSCAPE CORP (QS) Stock Technical Analysis
NYSE:QS - New York Stock Exchange, Inc. - US74767V1098 - Common Stock - Currency: USD
Taking everything into account, QS scores 5 out of 10 in our technical rating. In the past year, QS was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, QS is a bad performer in the overall market: 66% of all stocks are doing better.
QS is one of the lesser performing stocks in the Automobile Components industry. 72% of 81 stocks in the same industry do better.
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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month QS has a been trading in the 3.80 - 4.85 range, which is quite wide. It is currently trading near the high of this range.
QS has an average volume of 11587400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
QS has an average technical rating and it also 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
7.52
We found 2 important support areas.
- A support zone ranging from 3.96 to 4.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.87 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.70 to 4.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.45 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for QS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QS is up. |
| ChartMill Relative Strength | 34.2 | NEUTRAL | QS is not amongst the best or worst performers 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) | 61.99 | 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) | 79.69 | NEUTRAL | The Stochastics value for QS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.96 | HIGH VOLATILITY | The high ATR as a percentage value for QS suggests high volalility. |
| Average Directional Index/ADX (14) | 24.99 | NEUTRAL | The ADX value for QS suggests a possible start of a new 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)
4.62
+0.29 (+6.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg6.7%
1 Week8.71%
2 Weeks6.94%
1 Month7.19%
3 Month5.96%
6 Month-5.52%
12 Month-9.23%
2 Year-42.18%
3 Year-46.22%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%5.96%
ATR Inc22.05%
Range Today0.31
ADR(20)0.26
ADR(20)%5.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.2
Mansfield-1.52
10 Day High4.7
10 Day Low3.88
20 Day High4.85
20 Day Low3.8
52 Week High9.52
52 Week Low3.4
CS1 End4.02
CR1 Start4.7
Volume & EV
DER(3)6.11%
DER(5)4.11%
Volume20.09M
Volume Incr-2.35%
Vol(5)13.29M
Vol(50)11.59M