QUANTUM-SI INC (QSI) Stock Technical Analysis
NASDAQ:QSI - Nasdaq - US74765K1051 - Common Stock - Currency: USD
Taking everything into account, QSI scores 2 out of 10 in our technical rating. Although QSI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
QSI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month QSI has a been trading in the 1.27 - 1.99 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.
QSI is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 86% of 54 stocks in the same industry.
QSI has an average volume of 7785380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that QSI is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
The technical rating of QSI 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
1.32
1.83
When analyzing the resistance we notice one important area.
- Resistance @1.81 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 | NEUTRAL | NEUTRAL | The long term trend for QSI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QSI is down. |
| ChartMill Relative Strength | 85.16 | POSITIVE | QSI has a high relative strength, it outperformed 85.16% 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) | UP | MIXED | The current price of QSI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.33 | NEUTRAL | The RSI value for QSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests QSI has a negative trend. |
| Stochastics (14,3) | 9.67 | OVERSOLD | The low Stochastics value suggests QSI may be oversold. |
| Average True Range in percent/ATR (20) | 8.56 | HIGH VOLATILITY | The high ATR as a percentage value for QSI suggests high volalility. |
| Average Directional Index/ADX (14) | 22.72 | NEUTRAL | The ADX value for QSI suggests a possible start of a new 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)
1.33
-0.04 (-2.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-2.92%
1 Week-10.14%
2 Weeks-32.83%
1 Month-26.52%
3 Month5.56%
6 Month-34.8%
12 Month49.94%
2 Year-43.16%
3 Year-57.37%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%8.56%
ATR Inc3.24%
Range Today0.07
ADR(20)0.11
ADR(20)%8.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.16
Mansfield-1.84
10 Day High1.98
10 Day Low1.27
20 Day High1.99
20 Day Low1.27
52 Week High5.77
52 Week Low0.61
CS1 EndN/A
CR1 Start1.81
Volume & EV
DER(3)-2.25%
DER(5)-1.19%
Volume4.19M
Volume Incr-27.21%
Vol(5)5.86M
Vol(50)7.79M