QUICKLOGIC CORP (QUIK) Technical Analysis
NASDAQ:QUIK • US74837P4054
Current stock price
QUIK Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to QUIK. 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 94% of all stocks. We also observe that the gains produced by QUIK over the past year are nicely spread over this period.
- QUIK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month QUIK has a been trading in the 8.82 - 12.74 range, which is quite wide. It is currently trading near the high of this range.
- QUIK is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, QUIK did better than 52% of them.
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. 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
QUIK Support and Resistance Analysis
6.92
We found 4 important support areas.
- Support @10.29 from a trend line in the daily time frame.
- Support @7.72 from a trend line in the weekly time frame.
- Support @7.54 from a trend line in the daily time frame.
- Support @6.99 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 11.94 to 11.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.43 from a horizontal line in the daily 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 | 94.45 | POSITIVE | QUIK has a high relative strength, it outperformed 94.45% 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) | 65.57 | NEUTRAL | The RSI value for QUIK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests QUIK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.81 | OVERBOUGHT | The high Stochastics value suggests QUIK may be overbought. |
| Average True Range in percent/ATR (20) | 5.58 | HIGH VOLATILITY | The high ATR as a percentage value for QUIK suggests high volalility. |
| Average Directional Index/ADX (14) | 45.82 | 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
11.88
-0.54 (-4.35%)
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 65.5697. This indicates that the stock is currently neutral.
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.