RESTAURANT BRANDS INTERN (QSR) Technical Analysis
NYSE:QSR • CA76131D1033
Current stock price
QSR Technical Rating and Analysis
Overall QSR gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, QSR is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- QSR is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 80% of 126 stocks in the same industry.
- QSR is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so QSR is leading the market.
- In the last month QSR has a been trading in the 67.17 - 75.57 range, which is quite wide. It is currently trading near the high of this range.
- QSR has an average volume of 3338800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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 68% of all stocks.
- Volume is considerably higher in the last couple of days.
QSR Weekly and Daily overview Charts
QSR Setup Rating and Analysis
QSR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 74.27. Right above this resistance zone may be a good entry point. 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
QSR Support and Resistance Analysis
62.26
We found 4 important support areas.
- A support zone ranging from 69.73 to 71.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 66.14 to 67.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @64.86 from a trend line in the weekly time frame.
- Support @62.89 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 74.27 to 75.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
QSR Technical Indicator Signal Analysis
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 | 68.72 | NEUTRAL | QSR is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of QSR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.16 | NEUTRAL | The RSI value for QSR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests QSR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.84 | OVERBOUGHT | The high Stochastics value suggests QSR may be overbought. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for QSR suggests some volalility. |
| Average Directional Index/ADX (14) | 16.46 | NEGATIVE | The low ADX value for QSR suggests a weak or negative trend. |
QSR Chart- and CandleStick Pattern Analysis
QSR Example Setup
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 |
|---|---|---|---|
| 75.06 | 70.71 | 4.35 (5.79%) | 17.26% |
| An entry @75.06. This is a Buy Stop order right above the resistance zone. | An exit @70.71. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.35 points, which is 5.79%. | For a 1.00% total portfolio risk, you can invest 17.26% 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.
QSR Technicals: Chart, Performance Metrics, Trend & Indicators
74.26
-0.79 (-1.05%)
RESTAURANT BRANDS INTERN / QSR TA FAQ
What is the ChartMill technical rating of RESTAURANT BRANDS INTERN (QSR) stock?
ChartMill assigns a technical rating of 8 / 10 to QSR.
Can you provide the trend direction for RESTAURANT BRANDS INTERN?
The current trend direction for RESTAURANT BRANDS INTERN (QSR) is Bullish.
Can you provide the RSI signal for RESTAURANT BRANDS INTERN?
RESTAURANT BRANDS INTERN (QSR) has an RSI value of 62.1556. 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 positive.
Can you provide the support and resistance levels for RESTAURANT BRANDS INTERN?
RESTAURANT BRANDS INTERN (QSR) has a support level at 71.59 and a resistance level at 74.27. Check the full technical report for our detailed analysis of QSR support and resistance levels.