QUALITY SYS INC (QSII) Stock Technical Analysis
USA - NASDAQ:QSII - US7475821044
Overall QSII gets a technical rating of 10 out of 10. Both in the recent history as in the last year, QSII has proven to be a steady performer, scoring decent points in every aspect analyzed.
QSII has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 22.34, a Stop Loss order could be placed below this zone.
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19.78
3 important support areas can be observed.
- A support zone ranging from 22.19 to 22.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.30 from a trend line in the daily time frame.
- Support @19.98 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.59 to 22.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 QSII is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QSII is neutral. |
| ChartMill Relative Strength | 91.33 | POSITIVE | QSII has a high relative strength, it outperformed 91.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QSII is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QSII is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QSII is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.55 | NEUTRAL | The RSI value for QSII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests QSII has a negative trend. |
| Stochastics (14,3) | 44.11 | NEUTRAL | The Stochastics value for QSII is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for QSII suggests some volalility. |
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 |
|---|---|---|---|
| 22.97 | 22.18 | 0.79 (3.44%) | 25.00% |
| An entry @22.97. This is a Buy Stop order right above the resistance zone. | An exit @22.18. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.79 points, which is 3.44%. | For a 0.86% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
22.35
+0.16 (+0.72%)
QUALITY SYS INC / QSII FAQ
Can you provide the ChartMill technical rating for QUALITY SYS INC?
ChartMill assigns a technical rating of 9 / 10 to QSII.
What is the current trend direction of QUALITY SYS INC (QSII) stock?
The current trend direction for QUALITY SYS INC (QSII) is Bullish.
What is the RSI signal for QSII stock?
QUALITY SYS INC (QSII) has an RSI value of 57.5531. This indicates that the stock is currently neutral.
What is the short term momentum for QSII stock?
The short term momentum for QUALITY SYS INC (QSII) is neutral.