QUANTUM COMPUTING INC (QUBT) Technical Analysis
NASDAQ:QUBT • US74766W1080
Current stock price
8.28 USD
-0.29 (-3.38%)
At close:
8.2987 USD
+0.02 (+0.23%)
After Hours:
QUBT Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to QUBT. Recently some decent action could be observed, but in the medium term time frame this is still negative. QUBT was also a bad performer in the overall market in the last year.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 73% of all other stocks performed better in the past year than QUBT.
- QUBT 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.
- QUBT has an average volume of 12297500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- QUBT is part of the Technology Hardware, Storage & Peripherals industry. There are 37 other stocks in this industry, QUBT did better than 47% of them.
- In the last month QUBT has a been trading in the 6.34 - 10.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
QUBT Weekly and Daily overview Charts
QUBT Setup Rating and Analysis
The technical rating of QUBT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
QUBT Support and Resistance Analysis
6.74
9.74
We found 3 important support areas.
- A support zone ranging from 8.24 to 8.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.02 from a trend line in the weekly time frame.
- Support @6.81 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 9.11 to 9.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @9.64 from a trend 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 | NEUTRAL | NEUTRAL | The short term trend for QUBT is neutral. |
| ChartMill Relative Strength | 27.12 | NEGATIVE | QUBT has a low relative strength, it was outperformed by 72.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QUBT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QUBT is above the rising 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) | 49.23 | NEUTRAL | The RSI value for QUBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests QUBT has a negative trend. |
| Stochastics (14,3) | 55.39 | NEUTRAL | The Stochastics value for QUBT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.87 | HIGH VOLATILITY | The high ATR as a percentage value for QUBT suggests high volalility. |
| Average Directional Index/ADX (14) | 26.03 | 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
8.28
-0.29 (-3.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-3.38%
1 Week-16.02%
2 Weeks-11.91%
1 Month20.88%
3 Month-10.68%
6 Month-50.45%
12 Month3.37%
2 Year978.83%
3 Year620%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%7.87%
ATR Inc-11.9%
Range Today0.54
ADR(20)0.59
ADR(20)%7.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.12
3 months CRS22.33
6 months CRS8.51
Mansfield-4.26
10 Day High10.17
10 Day Low7.98
20 Day High10.17
20 Day Low6.34
52 Week High25.84
52 Week Low6.18
CS1 End8.27
CR1 Start9.11
Volume & EV
DER(3)-0.09%
DER(5)-2.29%
Volume11.37M
Volume Incr-15.75%
Vol(5)11.89M
Vol(50)12.30M
QUANTUM COMPUTING INC / QUBT TA FAQ
Can you provide the ChartMill technical rating for QUANTUM COMPUTING INC?
ChartMill assigns a technical rating of 3 / 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 49.234. 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 -0.00217553, indicating a bearish trend.