Q2 HOLDINGS INC (QTWO) Stock Technical Analysis
NYSE:QTWO - US74736L1098 - Common Stock
77.27 USD
-0.13 (-0.17%)
77.27 USD
0 (0%)
Taking everything into account, QTWO scores 1 out of 10 in our technical rating. QTWO'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.
When comparing the yearly performance of all stocks, QTWO is a bad performer in the overall market: 77% of all stocks are doing better.
QTWO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
QTWO is part of the Software industry. There are 280 other stocks in this industry, QTWO did better than 43% of them.
In the last month QTWO has a been trading in the 73.28 - 80.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, QTWO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 79.52. Right above this resistance zone may be a good entry point.
More info and screens
69.61
98.68
We found 4 important support areas.
- A support zone ranging from 75.53 to 76.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @74.31 from a trend line in the daily time frame.
- Support @72.28 from a horizontal line in the daily time frame.
- Support @70.31 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 79.52 to 79.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 89.46 to 89.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @92.73 from a horizontal line in the daily time frame.
- Resistance @97.70 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 QTWO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QTWO is down. |
| ChartMill Relative Strength | 23.74 | NEGATIVE | QTWO has a low relative strength, it was outperformed by 76.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QTWO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QTWO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QTWO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.42 | NEUTRAL | The RSI value for QTWO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.64 | POSITIVE | The MACD value suggests QTWO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.85 | NEUTRAL | The Stochastics value for QTWO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for QTWO suggests some volalility. |
| Average Directional Index/ADX (14) | 24.35 | NEUTRAL | The ADX value for QTWO suggests a possible start of a new 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)
77.27
-0.13 (-0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.17%
1 Week-1.13%
2 Weeks2.4%
1 Month2.26%
3 Month-15.34%
6 Month1.81%
12 Month8.62%
2 Year139.45%
3 Year139.97%
5 Year-15.33%
10 Year212.58%
15 YearN/A
Volatility
ATR(14)1.74
ATR(20)%2.39%
ATR Inc-16.92%
Range Today1.47
ADR(20)1.75
ADR(20)%2.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.74
Mansfield-1.95
10 Day High80.14
10 Day Low74.63
20 Day High80.14
20 Day Low73.28
52 Week High112.82
52 Week Low63.61
CS1 End76.27
CR1 Start79.52
Volume & EV
DER(3)2.83%
DER(5)2.25%
Volume716.20K
Volume Incr-31.17%
Vol(5)757.20K
Vol(50)764.55K