QUANTERIX CORP (QTRX) Stock Technical Analysis
USA - NASDAQ:QTRX - US74766Q1013 - Common Stock
Overall QTRX gets a technical rating of 1 out of 10. QTRX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
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4.24
2 important support areas can be observed.
- A support zone ranging from 4.99 to 5.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @4.28 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.67 to 5.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.87 to 5.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.08 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 | 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 | 9.51 | NEGATIVE | QTRX has a low relative strength, it was outperformed by 90.49% 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) | UP | MIXED | The current price of QTRX is below the rising 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) | 42.88 | NEUTRAL | The RSI value for QTRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests QTRX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.61 | NEUTRAL | The Stochastics value for QTRX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.13 | HIGH VOLATILITY | The high ATR as a percentage value for QTRX suggests high volalility. |
| Average Directional Index/ADX (14) | 17.57 | NEGATIVE | The low ADX value for QTRX suggests a weak or negative trend. |
5.21
-0.08 (-1.51%)
QUANTERIX CORP / QTRX FAQ
Can you provide the ChartMill technical rating for QUANTERIX CORP?
ChartMill assigns a technical rating of 1 / 10 to QTRX.
What is the current trend direction of QUANTERIX CORP (QTRX) stock?
The current trend direction for QUANTERIX CORP (QTRX) is Bearish.
What is the RSI signal for QTRX stock?
QUANTERIX CORP (QTRX) has an RSI value of 42.8817. This indicates that the stock is currently neutral.
What is the buy/sell signal for QUANTERIX CORP (QTRX) stock?
The buy/sell signal for QUANTERIX CORP (QTRX) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for QUANTERIX CORP?
QUANTERIX CORP (QTRX) has a support level at 5.06 and a resistance level at 5.67. Check the full technical report for our detailed analysis of QTRX support and resistance levels.