QUANTUMSCAPE CORP (QS) Technical Analysis
NASDAQ:QS • US74767V1098
Current stock price
QS Technical Rating and Analysis
Overall QS gets a technical rating of 5 out of 10. Although QS has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
- 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.
- QS has an average volume of 15100000 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 81% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- QS is an average performer in the Automobile Components industry, it outperforms 58% of 42 stocks in the same industry.
- In the last month QS has a been trading in the 5.90 - 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 an average technical rating and also the quality of the setup is only medium 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
QS Support and Resistance Analysis
6.11
When analyzing the support we can see 2 important areas.
- A support zone ranging from 6.46 to 6.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.17 to 6.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @7.23 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 7.42 to 7.52. 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 | 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 | 81.16 | POSITIVE | QS has a high relative strength, it outperformed 81.16% 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) | DOWN | MIXED | The current price of QS is above a declining 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) | 56.16 | NEUTRAL | The RSI value for QS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests QS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.7 | NEUTRAL | The Stochastics value for QS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.67 | HIGH VOLATILITY | The high ATR as a percentage value for QS suggests high volalility. |
| Average Directional Index/ADX (14) | 27.67 | 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
7.22
-0.19 (-2.56%)
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 56.16. 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 0.124161, indicating a bearish trend.
Can you provide the support and resistance levels for QUANTUMSCAPE CORP?
QUANTUMSCAPE CORP (QS) has a support level at 6.53 and a resistance level at 7.23. Check the full technical report for our detailed analysis of QS support and resistance levels.