QUICKLOGIC CORP (QUIK) Technical Analysis
NASDAQ:QUIK • US74837P4054
Current stock price
QUIK Technical Rating and Analysis
Overall QUIK gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, QUIK 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 QUIK is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by QUIK over the past year are nicely spread over this period.
- A new 52 week high is currently being made by QUIK, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month QUIK has a been trading in the 8.82 - 13.80 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- QUIK is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 58% of 115 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
QUIK Weekly and Daily overview Charts
QUIK Setup Rating and Analysis
Although QUIK has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
QUIK Support and Resistance Analysis
6.92
5 important support areas can be observed.
- Support @11.87 from a horizontal line in the daily time frame.
- Support @10.36 from a trend line in the daily time frame.
- Support @7.72 from a trend line in the weekly time frame.
- Support @7.56 from a trend line in the daily time frame.
- Support @6.99 from a trend line in the weekly time frame.
QUIK 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 | UP | POSITIVE | The long term trend for QUIK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QUIK is up. |
| ChartMill Relative Strength | 95.7 | POSITIVE | QUIK has a high relative strength, it outperformed 95.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QUIK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QUIK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QUIK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.02 | OVERBOUGHT | The high RSI value suggests QUIK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests QUIK has a positive trend. |
| Stochastics (14,3) | 82.16 | OVERBOUGHT | The high Stochastics value suggests QUIK may be overbought. |
| Average True Range in percent/ATR (20) | 5.62 | HIGH VOLATILITY | The high ATR as a percentage value for QUIK suggests high volalility. |
| Average Directional Index/ADX (14) | 46.14 | POSITIVE | The high ADX value value for QUIK suggests a strong trend. |
QUIK Chart- and CandleStick Pattern Analysis
QUIK Technicals: Chart, Performance Metrics, Trend & Indicators
13.08
+1.2 (+10.1%)
QUICKLOGIC CORP / QUIK TA FAQ
Can you provide the ChartMill technical rating for QUICKLOGIC CORP?
ChartMill assigns a technical rating of 10 / 10 to QUIK.
What is the trend direction for QUIK stock?
The current trend direction for QUICKLOGIC CORP (QUIK) is Bullish.
Can you provide the RSI signal for QUICKLOGIC CORP?
QUICKLOGIC CORP (QUIK) has an RSI value of 74.0207. This indicates that the stock is currently overbought.
What is the short term momentum for QUIK stock?
The short term momentum for QUICKLOGIC CORP (QUIK) is positive.
What is the buy/sell signal for QUIK stock?
The buy/sell signal for QUICKLOGIC CORP (QUIK) is buy as both the short term and long term trends are positive.