Logo image of IQE.L

IQE PLC (IQE.L) Stock Technical Analysis

LON:IQE - London Stock Exchange, The - GB0009619924 - Common Stock - Currency: GBX

50.35  +2.41 (+5.03%)

Technical Rating and Analysis

1

Taking everything into account, IQE scores 1 out of 10 in our technical rating. IQE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, IQE is a bad performer in the overall market: 94% of all stocks are doing better.
IQE is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
IQE has an average volume of 3303340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month IQE has a been trading in the 44.80 - 54.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
IQE PLC / IQE Weekly stock chart
IQE PLC / IQE Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is bad, IQE does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.

Support and Resistance Analysis

45.49

69.86

2 important support areas can be observed.

  • A support zone ranging from 47.17 to 47.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @45.95 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • Resistance @53.36 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 68.38 to 69.17. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.37
Mansfield-3.16
10 Day High52
10 Day Low44.8
20 Day High54.45
20 Day Low44.8
52 Week High99.6
52 Week Low40.86
Performance
1 Week9.55%
2 Weeks-0.49%
1 Month6.36%
3 Month-23.07%
6 Month-17.05%
12 Month-23.36%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.55
RSI(14)48.52
LBB44.51
UBB53.8
IQE PLC / IQE Daily stock chart

IQE PLC

LON:IQE (12/27/2019, 7:00:00 PM)

50.35

+2.41 (+5.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.03%
1 Week9.55%
2 Weeks-0.49%
1 Month6.36%
3 Month-23.07%
6 Month-17.05%
12 Month-23.36%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.97
ATR(20)%5.22%
ATR Inc13.81%
Range Today2.85
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.37
Mansfield-3.16
10 Day High52
10 Day Low44.8
20 Day High54.45
20 Day Low44.8
52 Week High99.6
52 Week Low40.86
CS1 End47.91
CR1 Start53.36
Volume & EV
DER(3)0%
DER(5)0%
Volume1.35M
Volume Incr-55.09%
Vol(5)1.70M
Vol(50)3.30M