Q2 HOLDINGS INC (QTWO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:QTWO - US74736L1098 - Common Stock
We assign a technical rating of 2 out of 10 to QTWO. In the past year, QTWO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, QTWO does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 72.45. Right above this resistance zone may be a good entry point.
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59.46
3 important support areas can be observed.
- A support zone ranging from 71.28 to 71.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @69.50 from a horizontal line in the daily time frame.
- Support @60.06 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 72.45 to 74.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @83.75 from a trend line in the weekly 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 | UP | POSITIVE | The short term trend for QTWO is up. |
| ChartMill Relative Strength | 16.97 | NEGATIVE | QTWO has a low relative strength, it was outperformed by 83.03% 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 | MIXED | The current price of QTWO is above 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) | 60.54 | NEUTRAL | The RSI value for QTWO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests QTWO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.22 | NEUTRAL | The Stochastics value for QTWO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for QTWO suggests some volalility. |
| Average Directional Index/ADX (14) | 31.88 | POSITIVE | The high ADX value value for QTWO suggests a strong trend. |
72
+2.29 (+3.29%)
Q2 HOLDINGS INC / QTWO FAQ
What is the technical rating for QTWO stock?
ChartMill assigns a technical rating of 2 / 10 to QTWO.
What is the trend direction for QTWO stock?
The current trend direction for Q2 HOLDINGS INC (QTWO) is Bearish.
Can you provide the RSI signal for Q2 HOLDINGS INC?
Q2 HOLDINGS INC (QTWO) has an RSI value of 60.5442. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for Q2 HOLDINGS INC?
The buy/sell signal for Q2 HOLDINGS INC (QTWO) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for Q2 HOLDINGS INC?
Q2 HOLDINGS INC (QTWO) has a support level at 71.99 and a resistance level at 72.45. Check the full technical report for our detailed analysis of QTWO support and resistance levels.