QUARTERHILL INC (QTRH-DB.CA) Stock Technical Analysis
TSX:QTRH-DB - Toronto Stock Exchange - CA747713AA38 - Currency: CAD
We assign a technical rating of 6 out of 10 to QTRH-DB. Although QTRH-DB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: QTRH-DB has an average volume of 27880 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
QTRH-DB 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 QTRH-DB is leading the market.
When comparing the performance of all stocks over the past year, QTRH-DB turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
QTRH-DB is an average performer in the Communications Equipment industry, it outperforms 70% of 11 stocks in the same industry.
In the last month QTRH-DB has a been trading in a tight range between 95.50 and 97.51.
Considerably lower volume is observed in the last couple of days.
QTRH-DB has only a medium technical rating, but it does show 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 97.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 97.28, a Stop Loss order could be placed below this zone.
More info and screens
84.15
100.94
We found 5 important support areas.
- A support zone ranging from 96.47 to 97.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @94.77 from a trend line in the weekly time frame.
- Support @93.00 from a horizontal line in the daily time frame.
- Support @91.00 from a horizontal line in the daily time frame.
- A support zone ranging from 85.00 to 85.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 97.51 to 97.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong resistance @99.94 from a horizontal line 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 QTRH-DB.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QTRH-DB.CA is neutral. |
| ChartMill Relative Strength | 43.49 | NEUTRAL | QTRH-DB.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QTRH-DB.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QTRH-DB.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 56.72 | NEUTRAL | The RSI value for QTRH-DB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests QTRH-DB.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.18 | NEUTRAL | The Stochastics value for QTRH-DB.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.63 | LOW VOLATILITY | The low ATR as a percentage value for QTRH-DB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.62 | NEGATIVE | The low ADX value for QTRH-DB.CA suggests a weak or negative 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 |
|---|---|---|---|
| 97.74 | 96.46 | 1.28 (1.31%) | 25.00% |
| An entry @97.74. This is a Buy Stop order right above the resistance zone. | An exit @96.46. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.28 points, which is 1.31%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.33%. |
- 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.
TSX:QTRH-DB (6/3/2025, 7:00:00 PM)
97.5
+0.75 (+0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg0.78%
1 Week0%
2 Weeks-0.01%
1 Month0.81%
3 Month1.3%
6 Month7.14%
12 Month3.72%
2 Year12.07%
3 Year-0.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%0.63%
ATR Inc-18.7%
Range Today0
ADR(20)0.32
ADR(20)%0.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.49
Mansfield-0.85
10 Day High97.51
10 Day Low96.02
20 Day High97.51
20 Day Low95.5
52 Week High97.51
52 Week Low85
CS1 End97.28
CR1 Start97.51
Volume & EV
DER(3)0%
DER(5)0%
Volume5.00K
Volume Incr-66.28%
Vol(5)11.60K
Vol(50)27.88K