QUANTUMSCAPE CORP (QS) Stock Technical Analysis
NYSE:QS - New York Stock Exchange, Inc. - US74767V1098 - Common Stock - Currency: USD
We assign a technical rating of 8 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.
In the last month QS has a been trading in the 7.93 - 15.03 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
QS is one of the better performing stocks in the Automobile Components industry, it outperforms 94% of 80 stocks in the same industry.
QS has an average volume of 47316800 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 95% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
QS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so QS is lagging the market.
Although QS has an excellent technical rating, it does not present a decent entry opportunity 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
4.44
8.78
3 important support areas can be observed.
- A support zone ranging from 8.25 to 8.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.73 from a horizontal line in the daily time frame.
- Support @4.48 from a trend 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 | NEUTRAL | NEUTRAL | The short term trend for QS is neutral. |
| ChartMill Relative Strength | 95.59 | POSITIVE | QS has a high relative strength, it outperformed 95.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of QS is below 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) | 46.57 | NEUTRAL | The RSI value for QS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.66 | NEGATIVE | The MACD value suggests QS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.57 | OVERSOLD | The low Stochastics value suggests QS may be oversold. |
| Average True Range in percent/ATR (20) | 15.15 | HIGH VOLATILITY | The high ATR as a percentage value for QS suggests high volalility. |
| Average Directional Index/ADX (14) | 37.86 | 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)
8.69
+0.39 (+4.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg4.7%
1 Week-6.36%
2 Weeks-37.03%
1 Month6.23%
3 Month114.04%
6 Month75.91%
12 Month52.99%
2 Year21.71%
3 Year-21.21%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.46
ATR(20)%15.15%
ATR Inc-61.69%
Range Today0.68
ADR(20)1.25
ADR(20)%14.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.59
Mansfield4.62
10 Day High13.59
10 Day Low8.1
20 Day High15.03
20 Day Low7.93
52 Week High15.03
52 Week Low3.4
CS1 End8.25
CR1 StartN/A
Volume & EV
DER(3)-1.45%
DER(5)-2.28%
Volume54.21M
Volume Incr-39.79%
Vol(5)41.48M
Vol(50)47.32M