QUANTUM COMPUTING INC (QUBT) Technical Analysis
NASDAQ:QUBT • US74766W1080
Current stock price
6.87 USD
+0.23 (+3.46%)
At close:
6.84 USD
-0.03 (-0.44%)
After Hours:
QUBT Technical Rating and Analysis
Overall QUBT gets a technical rating of 0 out of 10. QUBT'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, QUBT is a bad performer in the overall market: 84% of all stocks are doing better.
- QUBT is one of the lesser performing stocks in the Technology Hardware, Storage & Peripherals industry. 63% of 37 stocks in the same industry do better.
- QUBT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so QUBT is lagging the market.
- In the last month QUBT has a been trading in the 6.18 - 8.05 range, which is quite wide. It is currently trading near the lows of this range.
- QUBT has an average volume of 11968100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
QUBT Weekly and Daily overview Charts
QUBT Setup Rating and Analysis
QUBT has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
QUBT Support and Resistance Analysis
6.58
17.06
When analyzing the support we notice one important area.
- Support @6.65 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 6.88 to 6.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.60 to 8.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.12 from a trend line in the daily time frame.
- Resistance @16.89 from a horizontal line in the daily time frame.
QUBT Technical Indicator Signal Analysis
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 QUBT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QUBT is down. |
| ChartMill Relative Strength | 16.25 | NEGATIVE | QUBT has a low relative strength, it was outperformed by 83.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QUBT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QUBT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QUBT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.53 | NEUTRAL | The RSI value for QUBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests QUBT has a positive trend. |
| Stochastics (14,3) | 39.65 | NEUTRAL | The Stochastics value for QUBT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.67 | HIGH VOLATILITY | The high ATR as a percentage value for QUBT suggests high volalility. |
| Average Directional Index/ADX (14) | 31.1 | POSITIVE | The high ADX value value for QUBT suggests a strong trend. |
QUBT Chart- and CandleStick Pattern Analysis
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)
QUBT Technicals: Chart, Performance Metrics, Trend & Indicators
6.87
+0.23 (+3.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg3.46%
1 Week-3.51%
2 Weeks-4.45%
1 Month-11.01%
3 Month-37.6%
6 Month-72.1%
12 Month5.53%
2 Year795.11%
3 Year497.39%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%6.67%
ATR Inc8.27%
Range Today0.53
ADR(20)0.44
ADR(20)%6.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.25
3 months CRS7.93
6 months CRS4.19
Mansfield-4.86
10 Day High7.71
10 Day Low6.18
20 Day High8.05
20 Day Low6.18
52 Week High25.84
52 Week Low5.76
CS1 End6.65
CR1 Start6.88
Volume & EV
DER(3)-2.28%
DER(5)-2.72%
Volume7.26M
Volume Incr-12.51%
Vol(5)9.37M
Vol(50)11.97M
QUANTUM COMPUTING INC / QUBT TA FAQ
Can you provide the ChartMill technical rating for QUANTUM COMPUTING INC?
ChartMill assigns a technical rating of 0 / 10 to QUBT.
What is the trend direction for QUBT stock?
The current trend direction for QUANTUM COMPUTING INC (QUBT) is Bearish.
Can you provide the RSI signal for QUANTUM COMPUTING INC?
QUANTUM COMPUTING INC (QUBT) has an RSI value of 41.5307. This indicates that the stock is currently neutral.
Can you provide the MACD signal for QUANTUM COMPUTING INC?
The MACD indicator for QUANTUM COMPUTING INC (QUBT) has a value of 0.0238431, indicating a bearish trend.
What is the buy/sell signal for QUANTUM COMPUTING INC (QUBT) stock?
The buy/sell signal for QUANTUM COMPUTING INC (QUBT) is sell as both the short term and long term trends are negative.