
QUALTEK SERVICES INC-A (QTEK) Technical Analysis
NASDAQ:QTEK • US74760R3030
Current stock price
QTEK Technical Rating and Analysis
Overall QTEK gets a technical rating of 0 out of 10. QTEK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than QTEK.
- QTEK is one of the lesser performing stocks in the Construction & Engineering industry. 83% of 55 stocks in the same industry do better.
- QTEK is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month QTEK has a been trading in the 0.07 - 0.26 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- QTEK has an average volume of 1853720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
QTEK Weekly and Daily overview Charts
QTEK Setup Rating and Analysis
The technical rating of QTEK is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
QTEK Support and Resistance Analysis
QTEK 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 | DOWN | NEGATIVE | The long term trend for QTEK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QTEK is down. |
| ChartMill Relative Strength | 0.33 | NEGATIVE | QTEK has a low relative strength, it was outperformed by 99.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QTEK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QTEK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QTEK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.66 | NEUTRAL | The RSI value for QTEK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests QTEK has a negative trend. |
| Stochastics (14,3) | 18.73 | OVERSOLD | The low Stochastics value suggests QTEK may be oversold. |
| Average True Range in percent/ATR (20) | 44.61 | HIGH VOLATILITY | The high ATR as a percentage value for QTEK suggests high volalility. |
| Average Directional Index/ADX (14) | 16.1 | NEGATIVE | The low ADX value for QTEK suggests a weak or negative trend. |
QTEK Chart- and CandleStick Pattern Analysis
QTEK Technicals: Chart, Performance Metrics, Trend & Indicators
0.075
-0.01 (-16.29%)
QUALTEK SERVICES INC-A / QTEK TA FAQ
What is the technical rating for QTEK stock?
ChartMill assigns a technical rating of 0 / 10 to QTEK.
What is the current trend direction of QUALTEK SERVICES INC-A (QTEK) stock?
The current trend direction for QUALTEK SERVICES INC-A (QTEK) is Bearish.
What is the RSI signal for QUALTEK SERVICES INC-A (QTEK) stock?
QUALTEK SERVICES INC-A (QTEK) has an RSI value of 32.662. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for QUALTEK SERVICES INC-A?
The buy/sell signal for QUALTEK SERVICES INC-A (QTEK) is sell as both the short term and long term trends are negative.