QUANTUM-SI INC (QSI) Stock Technical Analysis
NASDAQ:QSI - Nasdaq - US74765K1051 - Common Stock - Currency: USD
Overall QSI gets a technical rating of 6 out of 10. In the last year, QSI was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
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 is neutral, but the long term trend is still positive. Not much to worry about for now.
QSI is part of the Life Sciences Tools & Services industry. There are 55 other stocks in this industry. QSI outperforms 87% of them.
QSI has an average volume of 9201910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, QSI did better than 91% of all other 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 1.55 - 2.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
QSI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 1.72, a Stop Loss order could be placed below this zone.
More info and screens
1.33
2.07
We found 2 important support areas.
- A support zone ranging from 1.71 to 1.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.34 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @2.05 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 | NEUTRAL | NEUTRAL | The short term trend for QSI is neutral. |
| ChartMill Relative Strength | 91.98 | POSITIVE | QSI has a high relative strength, it outperformed 91.98% 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 | 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) | 46.92 | NEUTRAL | The RSI value for QSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests QSI has a negative trend. |
| Stochastics (14,3) | 40.21 | NEUTRAL | The Stochastics value for QSI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.96 | HIGH VOLATILITY | The high ATR as a percentage value for QSI suggests high volalility. |
| Average Directional Index/ADX (14) | 22.88 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.91 | 1.71 | 0.20 (10.35%) | 9.66% |
| An entry @1.91. This is a Buy Stop order right above the 10 day moving average. | An exit @1.71. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.20 points, which is 10.35%. | For a 1.00% total portfolio risk, you can invest 9.66% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of QSI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1.73
-0.08 (-4.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-4.42%
1 Week-19.16%
2 Weeks-15.61%
1 Month-1.7%
3 Month38.4%
6 Month-34.59%
12 Month61.68%
2 Year-55.53%
3 Year-46.77%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%8.96%
ATR Inc-43.4%
Range Today0.1
ADR(20)0.13
ADR(20)%7.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.98
Mansfield1.01
10 Day High2.18
10 Day Low1.72
20 Day High2.18
20 Day Low1.55
52 Week High5.77
52 Week Low0.61
CS1 End1.72
CR1 Start2.05
Volume & EV
DER(3)-7.4%
DER(5)-6.59%
Volume6.16M
Volume Incr12.44%
Vol(5)9.42M
Vol(50)9.20M