UNIQURE NV (QURE) Stock Technical Analysis
NASDAQ:QURE • NL0010696654
We assign a technical rating of 2 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- QURE 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.
- In the last month QURE has a been trading in the 20.17 - 28.48 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- QURE has an average volume of 2373920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, QURE did better than 80% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- QURE is part of the Biotechnology industry. There are 521 other stocks in this industry, QURE did better than 69% of them.
QURE has a poor technical rating and the quality of the setup is also not perfect 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
17.28
When analyzing the support we can see 3 important areas.
- A support zone ranging from 19.51 to 19.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.60 from a trend line in the weekly time frame.
- Support @17.45 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @27.31 from a trend line in the daily time frame.
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 | 80.95 | POSITIVE | QURE has a high relative strength, it outperformed 80.95% 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) | 43.23 | NEUTRAL | The RSI value for QURE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests QURE has a negative trend. |
| Stochastics (14,3) | 8.15 | OVERSOLD | The low Stochastics value suggests QURE may be oversold. |
| Average True Range in percent/ATR (20) | 9.36 | HIGH VOLATILITY | The high ATR as a percentage value for QURE suggests high volalility. |
| Average Directional Index/ADX (14) | 20.4 | NEUTRAL | The ADX value for QURE suggests a possible start of a new trend. |
21.75
+1.25 (+6.1%)
UNIQURE NV / QURE FAQ
Can you provide the ChartMill technical rating for UNIQURE NV?
ChartMill assigns a technical rating of 2 / 10 to QURE.
What is the trend direction for QURE stock?
The current trend direction for UNIQURE NV (QURE) is Bearish.
What is the RSI signal for QURE stock?
UNIQURE NV (QURE) has an RSI value of 43.225. This indicates that the stock is currently neutral.
Can you provide the MACD signal for UNIQURE NV?
The MACD indicator for UNIQURE NV (QURE) has a value of -0.359616, indicating a bearish trend.
What is the short term momentum for UNIQURE NV (QURE) stock?
The short term momentum for UNIQURE NV (QURE) is negative.