QUANTUM-SI INC (QSI) Stock Technical Analysis
USA - NASDAQ:QSI - US74765K1051 - Common Stock
We assign a technical rating of 4 out of 10 to QSI. 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 has an average technical rating and the quality of the presented setup is also not ideal 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.
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1.15
We found 2 important support areas.
- A support zone ranging from 1.57 to 1.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.16 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @2.15 from a trend line in the weekly time frame.
- Resistance @2.23 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 | 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 | 95.38 | POSITIVE | QSI has a high relative strength, it outperformed 95.38% 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) | UP | MIXED | The current price of QSI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of QSI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.84 | NEUTRAL | The RSI value for QSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests QSI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.29 | OVERSOLD | The low Stochastics value suggests QSI may be oversold. |
| Average True Range in percent/ATR (20) | 15.89 | HIGH VOLATILITY | The high ATR as a percentage value for QSI suggests high volalility. |
| Average Directional Index/ADX (14) | 28.37 | POSITIVE | The high ADX value value for QSI suggests a strong trend. |
1.58
-0.01 (-0.94%)
QUANTUM-SI INC / QSI FAQ
What is the ChartMill technical rating of QUANTUM-SI INC (QSI) stock?
ChartMill assigns a technical rating of 4 / 10 to QSI.
Can you provide the trend direction for QUANTUM-SI INC?
The current trend direction for QUANTUM-SI INC (QSI) is Bearish.
What is the RSI signal for QUANTUM-SI INC (QSI) stock?
QUANTUM-SI INC (QSI) has an RSI value of 38.8379. This indicates that the stock is currently neutral.
What is the support and resistance level for QSI stock?
QUANTUM-SI INC (QSI) has a support level at 1.57 and a resistance level at 2.15. Check the full technical report for our detailed analysis of QSI support and resistance levels.