QUANTUM-SI INC (QSI) Stock Technical Analysis
NASDAQ:QSI - Nasdaq - US74765K1051 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to QSI. In the last year, QSI was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
QSI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so QSI is lagging the market.
Both the short term and long term trends are positive. This is a very positive sign.
QSI is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 88% of 55 stocks in the same industry.
QSI has an average volume of 7031760 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 86% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month QSI has a been trading in the 1.36 - 2.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, QSI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.25
1.94
2 important support areas can be observed.
- Support @1.60 from a horizontal line in the daily time frame.
- Support @1.26 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @1.80 from a horizontal line in the daily time frame.
- Resistance @1.92 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 | 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 | 86.63 | POSITIVE | QSI has a high relative strength, it outperformed 86.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of QSI is below 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) | 52.02 | NEUTRAL | The RSI value for QSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests QSI has a negative trend. |
| Stochastics (14,3) | 30.18 | NEUTRAL | The Stochastics value for QSI is a neutral value. |
| Average True Range in percent/ATR (20) | 11.41 | HIGH VOLATILITY | The high ATR as a percentage value for QSI suggests high volalility. |
| Average Directional Index/ADX (14) | 32.78 | POSITIVE | The high ADX value value for QSI suggests a strong 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)
1.66
-0.13 (-7.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-7.26%
1 Week-4.6%
2 Weeks-1.19%
1 Month12.16%
3 Month22.06%
6 Month-3.49%
12 Month21.17%
2 Year-7.26%
3 Year-28.45%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%11.41%
ATR Inc-12.66%
Range Today0.08
ADR(20)0.18
ADR(20)%10.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.63
Mansfield1.43
10 Day High1.9
10 Day Low1.57
20 Day High2.15
20 Day Low1.36
52 Week High5.77
52 Week Low0.61
CS1 End1.6
CR1 Start1.8
Volume & EV
DER(3)1.17%
DER(5)0.84%
Volume8.25M
Volume Incr-34.86%
Vol(5)7.67M
Vol(50)7.03M