We assign a technical rating of 4 out of 10 to QURE. Although QURE is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
QURE has an average technical rating and it also does not offer a high 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.
13.15
When analyzing the support we can see 5 important areas.
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 QURE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QURE is down. |
| ChartMill Relative Strength | 97.02 | POSITIVE | QURE has a high relative strength, it outperformed 97.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QURE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QURE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of QURE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 25.82 | OVERSOLD | The low RSI value suggests QURE may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests QURE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 11.57 | OVERSOLD | The low Stochastics value suggests QURE may be oversold. |
| Average True Range in percent/ATR (20) | 11.58 | HIGH VOLATILITY | The high ATR as a percentage value for QURE suggests high volalility. |
| Average Directional Index/ADX (14) | 40.81 | POSITIVE | The high ADX value value for QURE suggests a strong trend. |
21.33
-1.41 (-6.2%)
ChartMill assigns a technical rating of 4 / 10 to QURE.
The current trend direction for UNIQURE NV (QURE) is Bearish.
UNIQURE NV (QURE) has an RSI value of 25.8243. This indicates that the stock is currently oversold.
The MACD indicator for UNIQURE NV (QURE) has a value of 0.061434, indicating a bearish trend.
The buy/sell signal for UNIQURE NV (QURE) is sell as both the short term and long term trends are negative.