QTRH-DB Technical Analysis - QUARTERHILL INC

Technical Rating and Analysis

Overall QTRH-DB gets a technical rating of 5 out of 10. QTRH-DB has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

QTRH-DB is part of the Communications Equipment industry. There are 12 other stocks in this industry. QTRH-DB outperforms 72% of them.

QTRH-DB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so QTRH-DB is lagging the market slightly.

The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.

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 46% of all stocks.

In the last month QTRH-DB has a been trading in a tight range between 96.50 and 100.68.

Considerably lower volume is observed in the last couple of days.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

QUARTERHILL INC / QTRH-DB Weekly stock chart

QUARTERHILL INC / QTRH-DB Daily stock chart

Setup Rating and Analysis

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. A pullback is taking place, which may present a nice opportunity for an entry.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

92.07

101.69

When analyzing the support we can see 2 important areas.

A support zone ranging from 95.00 to 95.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
Support @93.00 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

A resistance zone ranging from 98.20 to 98.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 100.68 to 100.68. This zone is formed by a combination of multiple trend lines in multiple time frames.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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 QTRH-DB.CA is up.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for QTRH-DB.CA is down.
ChartMill Relative Strength	46.15	NEUTRAL	QTRH-DB.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of QTRH-DB.CA is below the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of QTRH-DB.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	MIXED	The current price of QTRH-DB.CA is above a declining SMA(200).
Relative Strength Index/RSI (14)	48.6	NEUTRAL	The RSI value for QTRH-DB.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.17	NEGATIVE	The MACD value suggests QTRH-DB.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)	35.89	NEUTRAL	The Stochastics value for QTRH-DB.CA is a neutral value.
Average True Range in percent/ATR (20)	0.62	LOW VOLATILITY	The low ATR as a percentage value for QTRH-DB.CA suggests low volalility.
Average Directional Index/ADX (14)	22.07	NEUTRAL	The ADX value for QTRH-DB.CA suggests a possible start of a new trend.