Q32 BIO INC (QTTB) Stock Technical Analysis
NASDAQ:QTTB - Nasdaq - US7469641051 - Common Stock - Currency: USD
Overall QTTB gets a technical rating of 4 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 negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, QTTB is a bad performer in the overall market: 95% of all stocks are doing better.
QTTB is part of the Biotechnology industry. There are 551 other stocks in this industry, of which 73% 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.
In the last month QTTB has a been trading in the 1.41 - 3.75 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.
QTTB has an average volume of 1605320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
QTTB has an average technical rating and the quality of the presented setup is also not ideal at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.90
3.39
We found 1 important support area.
- Support @1.92 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.22 to 2.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.24 from a trend line in the daily time frame.
- Resistance @3.36 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 QTTB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QTTB is down. |
| ChartMill Relative Strength | 5.62 | NEGATIVE | QTTB has a low relative strength, it was outperformed by 94.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of QTTB is below 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) | 48.45 | NEUTRAL | The RSI value for QTTB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests QTTB has a negative trend. |
| Stochastics (14,3) | 11.47 | OVERSOLD | The low Stochastics value suggests QTTB may be oversold. |
| Average True Range in percent/ATR (20) | 21.26 | HIGH VOLATILITY | The high ATR as a percentage value for QTTB suggests high volalility. |
| Average Directional Index/ADX (14) | 32.14 | 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)
1.98
+0.05 (+2.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.59%
1 Week-6.6%
2 Weeks-11.61%
1 Month42.45%
3 Month27.74%
6 Month-37.14%
12 Month-94.25%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%21.26%
ATR Inc-31%
Range Today0.16
ADR(20)0.41
ADR(20)%20.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.62
Mansfield-8.79
10 Day High2.4
10 Day Low1.85
20 Day High3.75
20 Day Low1.41
52 Week High53.79
52 Week Low1.35
CS1 End1.92
CR1 Start2.22
Volume & EV
DER(3)-17.45%
DER(5)2.14%
Volume179.15K
Volume Incr-93.39%
Vol(5)249.93K
Vol(50)1.61M