We assign a technical rating of 2 out of 10 to QTRH. QTRH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
QTRH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.18, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for QTRH in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.16
When analyzing the support we notice one important area.
- A support zone ranging from 1.17 to 1.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.21 to 1.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.26 to 1.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.35 to 1.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for QTRH is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QTRH is down. |
| ChartMill Relative Strength | 53.6 | NEUTRAL | QTRH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QTRH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of QTRH is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of QTRH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.35 | NEUTRAL | The RSI value for QTRH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests QTRH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.13 | NEUTRAL | The Stochastics value for QTRH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for QTRH suggests some volalility. |
NASDAQ:QTRH (12/20/2019, 8:00:01 PM)
1.2
-0.01 (-0.83%)
QUARTERHILL INC / QTRH FAQ
What is the ChartMill technical rating of QUARTERHILL INC (QTRH) stock?
ChartMill assigns a technical rating of 2 / 10 to QTRH.
Can you provide the trend direction for QUARTERHILL INC?
The current trend direction for QUARTERHILL INC (QTRH) is Bearish.
What is the RSI signal for QTRH stock?
QUARTERHILL INC (QTRH) has an RSI value of 39.3516. This indicates that the stock is currently neutral.
What is the support and resistance level for QTRH stock?
QUARTERHILL INC (QTRH) has a support level at 1.18 and a resistance level at 1.21. Check the full technical report for our detailed analysis of QTRH support and resistance levels.