QUANTUMSCAPE CORP (QS) Technical Analysis
NASDAQ:QS • US74767V1098
Current stock price
QS Technical Rating and Analysis
Taking everything into account, QS scores 1 out of 10 in our technical rating. QS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- QS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so QS is lagging the market.
- In the last month QS has a been trading in the 6.21 - 7.14 range, which is quite wide. It is currently trading near the lows of this range.
- QS has an average volume of 13872000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, QS turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
- QS is an average performer in the Automobile Components industry, it outperforms 52% of 41 stocks in the same industry.
QS Weekly and Daily overview Charts
QS Setup Rating and Analysis
The technical rating of QS is bad and it also does not present a quality setup 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
6.20
When analyzing the resistance we notice 4 important areas.
- Resistance @6.58 from a trend line in the daily time frame.
- A resistance zone ranging from 6.74 to 6.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.06 from a horizontal line in the daily time frame.
- A resistance zone ranging from 8.11 to 8.20. 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 | DOWN | NEGATIVE | The short term trend for QS is down. |
| ChartMill Relative Strength | 52.63 | NEUTRAL | QS is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of QS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of QS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.24 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 28.46 | NEUTRAL | The Stochastics value for QS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.66 | HIGH VOLATILITY | The high ATR as a percentage value for QS suggests high volalility. |
| Average Directional Index/ADX (14) | 22.97 | NEUTRAL | The ADX value for QS suggests a possible start of a new trend. |
QS Chart- and CandleStick Pattern Analysis
QS Technicals: Chart, Performance Metrics, Trend & Indicators
6.26
-0.24 (-3.69%)
QUANTUMSCAPE CORP / QS TA FAQ
What is the technical rating for QS stock?
ChartMill assigns a technical rating of 1 / 10 to QS.
Can you provide the trend direction for QUANTUMSCAPE CORP?
The current trend direction for QUANTUMSCAPE CORP (QS) is Bearish.
What is the RSI signal for QS stock?
QUANTUMSCAPE CORP (QS) has an RSI value of 35.2359. This indicates that the stock is currently neutral.
What is the short term momentum for QS stock?
The short term momentum for QUANTUMSCAPE CORP (QS) is negative.
What is the buy/sell signal for QUANTUMSCAPE CORP (QS) stock?
The buy/sell signal for QUANTUMSCAPE CORP (QS) is sell as both the short term and long term trends are negative.