UNIQURE NV (QURE) Stock Technical Analysis
NASDAQ:QURE - Nasdaq - NL0010696654 - Common Stock - Currency: USD
Overall QURE gets a technical rating of 9 out of 10. QURE has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
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 QURE is one of the better performing stocks in the market, outperforming 98% of all stocks.
QURE is one of the better performing stocks in the Biotechnology industry, it outperforms 98% of 561 stocks in the same industry.
QURE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so QURE is performing more or less in line with the market.
In the last month QURE has a been trading in the 10.05 - 16.20 range, which is quite wide. It is currently trading near the high of this range.
QURE has an average volume of 1965490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Besides having an excellent technical rating, QURE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for QURE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
5.57
16.37
When analyzing the support we can see 5 important areas.
- Support @11.01 from a trend line in the daily time frame.
- Support @9.88 from a trend line in the weekly time frame.
- Support @9.26 from a trend line in the daily time frame.
- Support @8.30 from a trend line in the weekly time frame.
- Support @5.63 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @15.54 from a trend line in the daily time frame.
- A resistance zone ranging from 15.83 to 15.90. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @16.21 from a horizontal 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 | UP | POSITIVE | The long term trend for QURE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QURE is up. |
| ChartMill Relative Strength | 98.63 | POSITIVE | QURE has a high relative strength, it outperformed 98.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QURE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QURE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QURE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.8 | NEUTRAL | The RSI value for QURE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests QURE has a positive trend. |
| Stochastics (14,3) | 86.12 | OVERBOUGHT | The high Stochastics value suggests QURE may be overbought. |
| Average True Range in percent/ATR (20) | 8.44 | HIGH VOLATILITY | The high ATR as a percentage value for QURE suggests high volalility. |
| Average Directional Index/ADX (14) | 22.44 | NEUTRAL | The ADX value for QURE suggests a possible start of a new trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.55 | 11.81 | 3.74 (24.05%) | 4.16% |
| An entry @15.55. This is a Buy Stop order right above the resistance zone. | An exit @11.81. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.74 points, which is 24.05%. | For a 1.00% total portfolio risk, you can invest 4.16% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
15.23
-0.27 (-1.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.74%
1 Week14.94%
2 Weeks24.33%
1 Month6.8%
3 Month18.61%
6 Month163.49%
12 Month219.96%
2 Year-21.05%
3 Year6.06%
5 Year-77.32%
10 Year-47.01%
15 YearN/A
Volatility
ATR(14)1.5
ATR(20)%8.44%
ATR Inc-36.23%
Range Today0.69
ADR(20)1.27
ADR(20)%8.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.63
Mansfield5.37
10 Day High16
10 Day Low11.82
20 Day High16.2
20 Day Low10.05
52 Week High19.18
52 Week Low3.73
CS1 End11.01
CR1 Start15.54
Volume & EV
DER(3)3.8%
DER(5)2.86%
Volume656.80K
Volume Incr-47.47%
Vol(5)1.49M
Vol(50)1.97M