USA - NYSE:QS - US74767V1098 - Common Stock
We assign a technical rating of 7 out of 10 to QS. 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.
Although QS has an excellent technical rating, the quality of the presented setup is not ideal 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.
9.87
We found 2 important support areas.
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 | 97.45 | POSITIVE | QS has a high relative strength, it outperformed 97.45% 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) | 40.95 | NEUTRAL | The RSI value for QS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests QS has a negative trend. |
| Stochastics (14,3) | 6.04 | OVERSOLD | The low Stochastics value suggests QS may be oversold. |
| Average True Range in percent/ATR (20) | 12.65 | HIGH VOLATILITY | The high ATR as a percentage value for QS suggests high volalility. |
| Average Directional Index/ADX (14) | 23.44 | NEUTRAL | The ADX value for QS suggests a possible start of a new trend. |
12.95
-0.48 (-3.57%)
ChartMill assigns a technical rating of 7 / 10 to QS.
The current trend direction for QUANTUMSCAPE CORP (QS) is Bullish.
QUANTUMSCAPE CORP (QS) has an RSI value of 40.9454. This indicates that the stock is currently neutral.
The MACD indicator for QUANTUMSCAPE CORP (QS) has a value of -0.521642, indicating a bearish trend.
The buy/sell signal for QUANTUMSCAPE CORP (QS) is hold as the short term and long term trends are mixed.