Q32 BIO INC (QTTB) Stock Technical Analysis
NASDAQ:QTTB - Nasdaq - US7469641051 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to QTTB. Recently some decent action could be observed, but in the medium term time frame this is still negative. QTTB was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, QTTB is a bad performer in the overall market: 98% of all stocks are doing better.
QTTB is part of the Biotechnology industry. There are 558 other stocks in this industry, of which 82% are performing better than QTTB.
QTTB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
QTTB has an average volume of 1426910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month QTTB has a been trading in the 1.34 - 3.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
QTTB has an average technical rating and it also does not offer a high 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
2.01
2.05
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 | UP | POSITIVE | The short term trend for QTTB is up. |
| ChartMill Relative Strength | 2.68 | NEGATIVE | QTTB has a low relative strength, it was outperformed by 97.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QTTB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QTTB is above 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) | 53.89 | NEUTRAL | The RSI value for QTTB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests QTTB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.09 | NEUTRAL | The Stochastics value for QTTB is a neutral value. |
| Average True Range in percent/ATR (20) | 13.95 | HIGH VOLATILITY | The high ATR as a percentage value for QTTB suggests high volalility. |
| Average Directional Index/ADX (14) | 25.09 | POSITIVE | The high ADX value value for QTTB suggests a strong 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)
2.03
-0.63 (-23.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-23.68%
1 Week49.26%
2 Weeks40%
1 Month19.41%
3 Month-4.25%
6 Month-38.11%
12 Month-93.11%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%13.95%
ATR Inc212.44%
Range Today0.79
ADR(20)0.27
ADR(20)%13.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.68
Mansfield-8.91
10 Day High3.75
10 Day Low1.35
20 Day High3.75
20 Day Low1.35
52 Week High53.79
52 Week Low1.35
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-1.19%
DER(5)-0.43%
Volume2.18M
Volume Incr10735.7%
Vol(5)13.22M
Vol(50)1.43M