Qutoutiao Inc (QTT) Technical Analysis
NASDAQ:QTT • US74915J2069
Current stock price
QTT Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to QTT. QTT'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than QTT.
- QTT is one of the lesser performing stocks in the Interactive Media & Services industry. 91% of 69 stocks in the same industry do better.
- QTT 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 QTT has a been trading in the 0.15 - 0.87 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
QTT Weekly and Daily overview Charts
QTT Setup Rating and Analysis
The technical rating of QTT is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
QTT Support and Resistance Analysis
QTT 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 QTT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QTT is down. |
| ChartMill Relative Strength | 0.56 | NEGATIVE | QTT has a low relative strength, it was outperformed by 99.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QTT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QTT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QTT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 15.81 | OVERSOLD | The low RSI value suggests QTT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests QTT has a negative trend. |
| Stochastics (14,3) | 17.99 | OVERSOLD | The low Stochastics value suggests QTT may be oversold. |
| Average True Range in percent/ATR (20) | 50.47 | HIGH VOLATILITY | The high ATR as a percentage value for QTT suggests high volalility. |
| Average Directional Index/ADX (14) | 43.86 | POSITIVE | The high ADX value value for QTT suggests a strong trend. |
QTT Chart- and CandleStick Pattern Analysis
QTT Technicals: Chart, Performance Metrics, Trend & Indicators
0.182
-0.11 (-38.43%)
Qutoutiao Inc / QTT TA FAQ
Can you provide the ChartMill technical rating for Qutoutiao Inc?
ChartMill assigns a technical rating of 0 / 10 to QTT.
Can you provide the trend direction for Qutoutiao Inc?
The current trend direction for Qutoutiao Inc (QTT) is Bearish.
Can you provide the RSI signal for Qutoutiao Inc?
Qutoutiao Inc (QTT) has an RSI value of 15.8096. This indicates that the stock is currently oversold.
What is the MACD signal for QTT stock?
The MACD indicator for Qutoutiao Inc (QTT) has a value of -0.0511363, indicating a bearish trend.