Q2 HOLDINGS INC (QTWO)

US74736L1098 - Common Stock

53.28  +0.39 (+0.74%)

After market: 53.28 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to QTWO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, QTWO is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that QTWO is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by QTWO over the past year are nicely spread over this period.
QTWO is one of the better performing stocks in the Software industry, it outperforms 90% of 276 stocks in the same industry.
QTWO is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so QTWO is leading the market.
In the last month QTWO has a been trading in the 46.50 - 54.50 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
QTWO Weekly chart
QTWO Daily chart
Setup Rating and Analysis

7

QTWO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 53.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 51.84, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

36.32

54.34

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 51.20 to 51.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 48.10 to 49.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @36.69 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 53.29 to 53.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.47
Mansfield3.03
10 Day High54.5
10 Day Low49.56
20 Day High54.5
20 Day Low46.5
52 Week High54.5
52 Week Low21.21
Performance
1 Week6.56%
2 Weeks3.34%
1 Month1.37%
3 Month24.28%
6 Month81.35%
12 Month116.41%
2 Year3%
3 Year-48.78%
5 Year-29.36%
10 Year333.88%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)58.55
LBB48.96
UBB54.85
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
53.8151.192.62 (4.87%)20.54%
An entry @53.81. This is a Buy Stop order right above the resistance zone.An exit @51.19. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 2.62 points, which is 4.87%.When investing 20.54% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
QTWO Daily chart

Q2 HOLDINGS INC

NYSE:QTWO (4/26/2024, 7:12:31 PM)

After market: 53.28 0 (0%)

53.28

+0.39 (+0.74%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.74%
1 Week6.56%
2 Weeks3.34%
1 Month1.37%
3 Month24.28%
6 Month81.35%
12 Month116.41%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.65
ATR(20)%3.51%
ATR Inc
Range Today1.31
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High54.5
10 Day Low49.56
20 Day High54.5
20 Day Low46.5
52 Week High54.5
52 Week Low21.21
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume316.70K
Volume Incr-18.78%
Vol(5)442.90K
Vol(50)674.74K