QUANTENNA COMMUNICATIONS INC (QTNA) Technical Analysis
NASDAQ:QTNA
Current stock price
QTNA Technical Rating and Analysis
Taking everything into account, QTNA scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, QTNA is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that QTNA is one of the better performing stocks in the market, outperforming 96% of all stocks.
- QTNA 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 QTNA is leading the market.
- In the last month QTNA has a been trading in a tight range between 23.89 and 24.63.
QTNA Weekly and Daily overview Charts
QTNA Setup Rating and Analysis
Although QTNA has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
QTNA Support and Resistance Analysis
13.55
When analyzing the support we can see 4 important areas.
- A support zone ranging from 23.91 to 24.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.40 to 23.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.12 from a trend line in the weekly time frame.
- Support @13.69 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.52 to 24.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
QTNA 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 QTNA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QTNA is up. |
| ChartMill Relative Strength | 96.39 | POSITIVE | QTNA has a high relative strength, it outperformed 96.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QTNA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QTNA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QTNA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.46 | NEUTRAL | The RSI value for QTNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests QTNA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.34 | NEUTRAL | The Stochastics value for QTNA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.69 | LOW VOLATILITY | The low ATR as a percentage value for QTNA suggests low volalility. |
QTNA Chart- and CandleStick Pattern Analysis
QTNA Technicals: Chart, Performance Metrics, Trend & Indicators
24.51
+0.26 (+1.07%)
QUANTENNA COMMUNICATIONS INC / QTNA TA FAQ
What is the ChartMill technical rating of QUANTENNA COMMUNICATIONS INC (QTNA) stock?
ChartMill assigns a technical rating of 8 / 10 to QTNA.
Can you provide the trend direction for QUANTENNA COMMUNICATIONS INC?
The current trend direction for QUANTENNA COMMUNICATIONS INC (QTNA) is Bullish.
What is the RSI signal for QTNA stock?
QUANTENNA COMMUNICATIONS INC (QTNA) has an RSI value of 64.4579. This indicates that the stock is currently neutral.
What is the MACD signal for QTNA stock?
The MACD indicator for QUANTENNA COMMUNICATIONS INC (QTNA) has a value of -0.00886223, indicating a bearish trend.
What is the buy/sell signal for QTNA stock?
The buy/sell signal for QUANTENNA COMMUNICATIONS INC (QTNA) is buy as both the short term and long term trends are positive.