Overall QSI gets a technical rating of 0 out of 10. QSI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, QSI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.21, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for QSI in the last couple of days, which is a good sign.
1.07
We found 3 important support areas.
When analyzing the resistance we notice 3 important 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 | DOWN | NEGATIVE | The long term trend for QSI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QSI is down. |
| ChartMill Relative Strength | 7.83 | NEGATIVE | QSI has a low relative strength, it was outperformed by 92.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QSI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QSI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QSI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.76 | NEUTRAL | The RSI value for QSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests QSI has a positive trend. |
| Stochastics (14,3) | 20.37 | NEUTRAL | The Stochastics value for QSI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.35 | HIGH VOLATILITY | The high ATR as a percentage value for QSI suggests high volalility. |
| Average Directional Index/ADX (14) | 16.18 | NEGATIVE | The low ADX value for QSI suggests a weak or negative trend. |
1.27
0 (0%)
ChartMill assigns a technical rating of 0 / 10 to QSI.
The current trend direction for QUANTUM-SI INC (QSI) is Bearish.
QUANTUM-SI INC (QSI) has an RSI value of 40.7601. This indicates that the stock is currently neutral.
The buy/sell signal for QUANTUM-SI INC (QSI) is sell as both the short term and long term trends are negative.
QUANTUM-SI INC (QSI) has a support level at 1.21 and a resistance level at 1.28. Check the full technical report for our detailed analysis of QSI support and resistance levels.