RESTAURANT BRANDS INTERN (QSR) Stock Technical Analysis
NYSE:QSR - New York Stock Exchange, Inc. - CA76131D1033 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to QSR. Although QSR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
QSR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
QSR has an average volume of 2271220 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 QSR is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this relatively good performance is mostly due to a recent big move.
QSR is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry, QSR did better than 69% of them.
QSR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so QSR is lagging the market slightly.
QSR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 71.36. Right above this resistance zone may be a good entry point.
More info and screens
59.43
72.95
When analyzing the support we can see 2 important areas.
- Support @64.09 from a trend line in the weekly time frame.
- A support zone ranging from 60.03 to 60.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 71.36 to 72.23. This zone is formed by a combination of multiple trend lines 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 QSR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QSR is up. |
| ChartMill Relative Strength | 79.51 | POSITIVE | QSR has a high relative strength, it outperformed 79.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QSR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QSR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of QSR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.35 | NEUTRAL | The RSI value for QSR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests QSR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.56 | NEUTRAL | The Stochastics value for QSR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for QSR suggests some volalility. |
| Average Directional Index/ADX (14) | 37.75 | POSITIVE | The high ADX value value for QSR 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)
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 |
|---|---|---|---|
| 72.24 | 66.89 | 5.35 (7.41%) | 13.50% |
| An entry @72.24. This is a Buy Stop order right above the resistance zone. | An exit @66.89. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.35 points, which is 7.41%. | For a 1.00% total portfolio risk, you can invest 13.50% 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.
70.07
+0.64 (+0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.92%
1 Week-0.78%
2 Weeks4.38%
1 Month11.4%
3 Month12.45%
6 Month1.4%
12 Month3.76%
2 Year-3.9%
3 Year33.44%
5 Year28.43%
10 Year81.2%
15 YearN/A
Volatility
ATR(14)1.55
ATR(20)%2.09%
ATR Inc-27.65%
Range Today1.45
ADR(20)1.41
ADR(20)%2.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.51
Mansfield0.17
10 Day High71.65
10 Day Low66.9
20 Day High71.65
20 Day Low62.91
52 Week High75.07
52 Week Low58.71
CS1 End64.09
CR1 Start71.36
Volume & EV
DER(3)-0.21%
DER(5)1.55%
Volume2.08M
Volume Incr-1.48%
Vol(5)2.16M
Vol(50)2.27M