QUANTASING GROUP LTD (QSG) Stock Technical Analysis
USA - NASDAQ:QSG - US74767N1072 - ADR
8.19 USD
-0.35 (-4.1%)
8.19 USD
0 (0%)
Taking everything into account, QSG scores 6 out of 10 in our technical rating. In the last year, QSG was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month QSG has a been trading in the 7.78 - 13.63 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.
Looking at the yearly performance, QSG did better than 92% of all other stocks. We also observe that the gains produced by QSG over the past year are nicely spread over this period.
QSG is one of the better performing stocks in the Diversified Consumer Services industry, it outperforms 89% of 75 stocks in the same industry.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
QSG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so QSG is lagging the market.
QSG has an average technical rating and it also does not offer a high 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
6.99
11.82
We found 3 important support areas.
- Support @8.15 from a trend line in the daily time frame.
- Support @7.49 from a horizontal line in the weekly time frame.
- Support @7.06 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 8.64 to 8.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.23 to 9.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @11.24 from a trend line in the daily time frame.
- Resistance @11.70 from a horizontal line in the weekly 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 QSG is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QSG is down. |
| ChartMill Relative Strength | 92.16 | POSITIVE | QSG has a high relative strength, it outperformed 92.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of QSG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QSG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QSG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.06 | NEUTRAL | The RSI value for QSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests QSG has a negative trend. |
| Stochastics (14,3) | 6.76 | OVERSOLD | The low Stochastics value suggests QSG may be oversold. |
| Average True Range in percent/ATR (20) | 13.46 | HIGH VOLATILITY | The high ATR as a percentage value for QSG suggests high volalility. |
| Average Directional Index/ADX (14) | 28.2 | POSITIVE | The high ADX value value for QSG 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)
8.19
-0.35 (-4.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-4.1%
1 Week-11.27%
2 Weeks-17.94%
1 Month6.36%
3 Month-8.29%
6 Month96.4%
12 Month120.16%
2 Year198.91%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.88
ATR(20)%13.46%
ATR Inc-48.72%
Range Today0.76
ADR(20)1.04
ADR(20)%12.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.16
Mansfield3.9
10 Day High10.4
10 Day Low7.78
20 Day High13.63
20 Day Low7.78
52 Week High15.64
52 Week Low1.6
CS1 End8.15
CR1 Start8.64
Volume & EV
DER(3)-11.68%
DER(5)-12.25%
Volume792.00K
Volume Incr-41.19%
Vol(5)573.88K
Vol(50)737.73K