QUANTERIX CORP (QTRX) Technical Analysis
NASDAQ:QTRX • US74766Q1013
Current stock price
QTRX Technical Rating and Analysis
Overall QTRX gets a technical rating of 0 out of 10. QTRX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 94% of all other stocks performed better in the past year than QTRX.
- QTRX is one of the lesser performing stocks in the Life Sciences Tools & Services industry. 87% of 57 stocks in the same industry do better.
- QTRX 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 QTRX has a been trading in the 3.23 - 4.93 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.
QTRX Weekly and Daily overview Charts
QTRX Setup Rating and Analysis
The technical rating of QTRX 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
QTRX Support and Resistance Analysis
3.33
We can see 4 important resistance areas.
- A resistance zone ranging from 3.80 to 3.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.26 from a trend line in the weekly time frame.
- Resistance @5.46 from a trend line in the daily time frame.
- Resistance @6.56 from a trend line in the weekly time frame.
QTRX 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 QTRX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QTRX is down. |
| ChartMill Relative Strength | 6.11 | NEGATIVE | QTRX has a low relative strength, it was outperformed by 93.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QTRX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QTRX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QTRX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.26 | OVERSOLD | The low RSI value suggests QTRX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests QTRX has a positive trend. |
| Stochastics (14,3) | 8.14 | OVERSOLD | The low Stochastics value suggests QTRX may be oversold. |
| Average True Range in percent/ATR (20) | 8.89 | HIGH VOLATILITY | The high ATR as a percentage value for QTRX suggests high volalility. |
| Average Directional Index/ADX (14) | 36.86 | POSITIVE | The high ADX value value for QTRX suggests a strong trend. |
QTRX Chart- and CandleStick Pattern Analysis
QTRX Technicals: Chart, Performance Metrics, Trend & Indicators
3.36
+0.06 (+1.82%)
QUANTERIX CORP / QTRX TA FAQ
Can you provide the ChartMill technical rating for QUANTERIX CORP?
ChartMill assigns a technical rating of 0 / 10 to QTRX.
Can you provide the trend direction for QUANTERIX CORP?
The current trend direction for QUANTERIX CORP (QTRX) is Bearish.
What is the RSI signal for QUANTERIX CORP (QTRX) stock?
QUANTERIX CORP (QTRX) has an RSI value of 28.2583. This indicates that the stock is currently oversold.
Can you provide the MACD signal for QUANTERIX CORP?
The MACD indicator for QUANTERIX CORP (QTRX) has a value of 0.0232633, indicating a bearish trend.
What is the buy/sell signal for QTRX stock?
The buy/sell signal for QUANTERIX CORP (QTRX) is sell as both the short term and long term trends are negative.