Q32 BIO INC (QTTB) Stock Technical Analysis
NASDAQ:QTTB - Nasdaq - US7469641051 - Common Stock - Currency: USD
Overall QTTB gets a technical rating of 1 out of 10. QTTB 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, QTTB is a bad performer in the overall market: 97% of all stocks are doing better.
QTTB is part of the Biotechnology industry. There are 559 other stocks in this industry, of which 80% are performing better than QTTB.
QTTB is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so QTTB is lagging the market.
In the last month QTTB has a been trading in the 1.56 - 2.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
QTTB has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for QTTB 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
1.65
1.92
When analyzing the support we notice one important area.
- Support @1.67 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.80 to 1.80. 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 1.88 to 1.90. 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 | DOWN | NEGATIVE | The long term trend for QTTB is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QTTB is neutral. |
| ChartMill Relative Strength | 3.25 | NEGATIVE | QTTB has a low relative strength, it was outperformed by 96.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QTTB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of QTTB is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QTTB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.83 | NEUTRAL | The RSI value for QTTB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests QTTB has a negative trend. |
| Stochastics (14,3) | 24.79 | NEUTRAL | The Stochastics value for QTTB is a neutral value. |
| Average True Range in percent/ATR (20) | 9.26 | HIGH VOLATILITY | The high ATR as a percentage value for QTTB suggests high volalility. |
| Average Directional Index/ADX (14) | 18.39 | NEGATIVE | The low ADX value for QTTB suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.67
-0.03 (-1.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.76%
1 Week-12.11%
2 Weeks-3.47%
1 Month-4.02%
3 Month-16.5%
6 Month-54.86%
12 Month-91.03%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%9.26%
ATR Inc-11.07%
Range Today0.22
ADR(20)0.15
ADR(20)%9.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.25
Mansfield-9.16
10 Day High2.02
10 Day Low1.63
20 Day High2.02
20 Day Low1.56
52 Week High53.79
52 Week Low1.38
CS1 End1.67
CR1 Start1.8
Volume & EV
DER(3)3.79%
DER(5)-2.58%
Volume154.60K
Volume Incr-9.25%
Vol(5)99.32K
Vol(50)165.42K