RESTAURANT BRANDS INTERN (QSR) Stock Technical Analysis
NYSE:QSR • CA76131D1033
Taking everything into account, QSR scores 2 out of 10 in our technical rating. QSR has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month QSR has a been trading in the 65.42 - 71.48 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- QSR has an average volume of 3008490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, QSR turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
- QSR is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 68% of 126 stocks in the same industry.
- QSR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so QSR is lagging the market.
- Volume is considerably higher in the last couple of days.
QSR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 67.00, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
62.26
3 important support areas can be observed.
- A support zone ranging from 66.65 to 67.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @64.57 from a trend line in the weekly time frame.
- Support @62.89 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 71.41 to 73.54. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for QSR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QSR is down. |
| ChartMill Relative Strength | 46.39 | NEUTRAL | QSR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of QSR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QSR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QSR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.95 | NEUTRAL | The RSI value for QSR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests QSR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.54 | NEUTRAL | The Stochastics value for QSR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for QSR suggests some volalility. |
| Average Directional Index/ADX (14) | 17 | NEGATIVE | The low ADX value for QSR suggests a weak or negative trend. |
68.86
+0.73 (+1.07%)
RESTAURANT BRANDS INTERN / QSR FAQ
What is the ChartMill technical rating of RESTAURANT BRANDS INTERN (QSR) stock?
ChartMill assigns a technical rating of 1 / 10 to QSR.
Can you provide the trend direction for RESTAURANT BRANDS INTERN?
The current trend direction for RESTAURANT BRANDS INTERN (QSR) is Bearish.
Can you provide the RSI signal for RESTAURANT BRANDS INTERN?
RESTAURANT BRANDS INTERN (QSR) has an RSI value of 47.952. This indicates that the stock is currently neutral.
What is the short term momentum for RESTAURANT BRANDS INTERN (QSR) stock?
The short term momentum for RESTAURANT BRANDS INTERN (QSR) is negative.
Can you provide the support and resistance levels for RESTAURANT BRANDS INTERN?
RESTAURANT BRANDS INTERN (QSR) has a support level at 67 and a resistance level at 68.33. Check the full technical report for our detailed analysis of QSR support and resistance levels.