Q2 HOLDINGS INC (QTWO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:QTWO - US74736L1098 - Common Stock
We assign a technical rating of 1 out of 10 to QTWO. 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: 81% 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.
- In the last month QTWO has a been trading in the 64.88 - 76.03 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.
- QTWO is an average performer in the Software industry, it outperforms 62% of 276 stocks in the same industry.
The technical rating of QTWO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
58.66
When analyzing the support we notice one important area.
- A support zone ranging from 59.25 to 60.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 70.52 to 72.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @79.41 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 | DOWN | NEGATIVE | The short term trend for QTWO is down. |
| ChartMill Relative Strength | 19.56 | NEGATIVE | QTWO has a low relative strength, it was outperformed by 80.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QTWO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of QTWO is below the rising 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) | 29.25 | OVERSOLD | The low RSI value suggests QTWO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.76 | NEGATIVE | The MACD value suggests QTWO has a negative trend. |
| Stochastics (14,3) | 7.85 | OVERSOLD | The low Stochastics value suggests QTWO may be oversold. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for QTWO suggests some volalility. |
| Average Directional Index/ADX (14) | 25.68 | POSITIVE | The high ADX value value for QTWO suggests a strong trend. |
65.07
-1.73 (-2.59%)
Q2 HOLDINGS INC / QTWO FAQ
What is the technical rating for QTWO stock?
ChartMill assigns a technical rating of 1 / 10 to QTWO.
Can you provide the trend direction for Q2 HOLDINGS INC?
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 29.2491. This indicates that the stock is currently oversold.
What is the MACD signal for Q2 HOLDINGS INC (QTWO) stock?
The MACD indicator for Q2 HOLDINGS INC (QTWO) has a value of -0.760579, indicating a bearish trend.
What is the buy/sell signal for QTWO stock?
The buy/sell signal for Q2 HOLDINGS INC (QTWO) is sell as both the short term and long term trends are negative.