QSI Technical Analysis - QUANTUM-SI INC

Technical Rating and Analysis

Taking everything into account, QSI scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, QSI has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.

When comparing the yearly performance of all stocks, we notice that QSI is one of the better performing stocks in the market, outperforming 95% of all stocks.

QSI is part of the Life Sciences Tools & Services industry. There are 56 other stocks in this industry. QSI outperforms 96% of them.

In the last month QSI has a been trading in the 1.24 - 2.26 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 10220100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

QSI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so QSI is lagging the market.

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

Although QSI has an excellent technical rating, it does not present a decent entry opportunity 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

1.12

2.68

When analyzing the support we can see 3 important areas.

A support zone ranging from 2.14 to 2.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 1.63 to 1.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Support @1.13 from a trend line in the weekly 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	UP	POSITIVE	The long term trend for QSI is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for QSI is up.
ChartMill Relative Strength	95.74	POSITIVE	QSI has a high relative strength, it outperformed 95.74% 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)	UP	POSITIVE	The current price of QSI is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of QSI is above the rising SMA(200).
Relative Strength Index/RSI (14)	74.21	OVERBOUGHT	The high RSI value suggests QSI may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.05	POSITIVE	The MACD value suggests QSI has a positive trend.
Stochastics (14,3)	78.28	NEUTRAL	The Stochastics value for QSI is a neutral value.
Average True Range in percent/ATR (20)	9.3	HIGH VOLATILITY	The high ATR as a percentage value for QSI suggests high volalility.
Average Directional Index/ADX (14)	43.67	POSITIVE	The high ADX value value for QSI suggests a strong trend.