QSI Technical Analysis - QUANTUM-SI INC

Technical Rating and Analysis

Taking everything into account, QSI scores 6 out of 10 in our technical rating. Although QSI has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.

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.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.

QSI is part of the Life Sciences Tools & Services industry. There are 55 other stocks in this industry. QSI outperforms 81% of them.

In the last month QSI has a been trading in the 1.03 - 1.64 range, which is quite wide. It is currently trading near the high of this range.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

QSI has an average volume of 7420440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

When comparing the yearly performance of all stocks, we notice that QSI is one of the better performing stocks in the market, outperforming 77% of all stocks. We also observe that the gains produced by QSI over the past year are nicely spread over this period. However, QSI's most recent performance is quite weak.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

QSI has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.10

1.56

We found 1 important support area.

Support @1.11 from a trend line in the daily time frame.

We found 1 important resistance area.

Resistance @1.54 from a horizontal line in the daily time frame.

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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	NEUTRAL	NEUTRAL	The long term trend for QSI is neutral.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for QSI is up.
ChartMill Relative Strength	77.92	POSITIVE	QSI has a high relative strength, it outperformed 77.92% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of QSI is above the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	MIXED	The current price of QSI is above 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)	65.29	NEUTRAL	The RSI value for QSI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.06	POSITIVE	The MACD value suggests QSI has a positive trend.
Stochastics (14,3)	77.74	NEUTRAL	The Stochastics value for QSI is a neutral value.
Average True Range in percent/ATR (20)	6.52	HIGH VOLATILITY	The high ATR as a percentage value for QSI suggests high volalility.
Average Directional Index/ADX (14)	30.13	POSITIVE	The high ADX value value for QSI suggests a strong trend.