QUANTUMSCAPE CORP (QS) Technical Analysis
NASDAQ:QS • US74767V1098
Current stock price
QS Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to QS. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 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 5.92 - 7.14 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.
- QS has an average volume of 13870300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, QS outperforms 52% of them, which is more or less in line with the market.
- QS is an average performer in the Automobile Components industry, it outperforms 52% of 41 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
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
5.90
We can see 2 important resistance areas.
- Resistance @6.46 from a trend line in the daily time frame.
- A resistance zone ranging from 6.67 to 6.75. 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 | 52.86 | 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) | 31.92 | NEUTRAL | The RSI value for QS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests QS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 7.91 | OVERSOLD | The low Stochastics value suggests QS may be oversold. |
| Average True Range in percent/ATR (20) | 6.02 | HIGH VOLATILITY | The high ATR as a percentage value for QS suggests high volalility. |
| Average Directional Index/ADX (14) | 24.21 | 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
5.96
-0.3 (-4.79%)
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 31.9242. 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.