QUIDELORTHO CORP (QDEL)

US2197981051 - Common Stock

44.6  +0.02 (+0.04%)

After market: 44.6 0 (0%)

Technical Rating and Analysis

6

Overall QDEL gets a technical rating of 6 out of 10. QDEL has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

When comparing the yearly performance of all stocks, QDEL is a bad performer in the overall market: 85% of all stocks are doing better.
QDEL is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, of which 63% are performing better than QDEL.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month QDEL has a been trading in the 37.31 - 45.98 range, which is quite wide. It is currently trading near the high of this range.
QDEL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so QDEL is lagging the market.
Weekly and Daily overview Charts
QDEL Weekly chart
QDEL Daily chart
Setup Rating and Analysis

7

Although the technical rating is only medium, QDEL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 45.01. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

37.35

46.82

We found 1 important support area.

  • A support zone ranging from 37.73 to 38.19. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 45.01 to 45.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @46.36 from a horizontal line in the daily 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
CRS15.03
Mansfield-1.19
10 Day High45.98
10 Day Low40.69
20 Day High45.98
20 Day Low37.31
52 Week High75.82
52 Week Low29.74
Performance
1 Week5.04%
2 Weeks7.42%
1 Month8.83%
3 Month-2.09%
6 Month34.26%
12 Month-39.48%
2 Year-47.94%
3 Year-66.96%
5 Year-40.56%
10 Year54.22%
15 Year223.66%
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)0.41
RSI(14)61.63
LBB38.12
UBB46.56
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
45.5740.684.89 (10.73%)9.32%
An entry @45.57. This is a Buy Stop order right above the resistance zone.An exit @40.68. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 4.89 points, which is 10.73%.When investing 9.32% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
QDEL Daily chart

QUIDELORTHO CORP

NASDAQ:QDEL (12/26/2024, 8:00:01 PM)

After market: 44.6 0 (0%)

44.6

+0.02 (+0.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.04%
1 Week5.04%
2 Weeks7.42%
1 Month8.83%
3 Month-2.09%
6 Month34.26%
12 Month-39.48%
2 Year-47.94%
3 Year-66.96%
5 Year-40.56%
10 Year54.22%
15 Year223.66%
Volatility
ATR(14)1.97
ATR(20)%4.16%
ATR Inc-35.68%
Range Today1.77
ADR(20)1.78
ADR(20)%3.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.03
Mansfield-1.19
10 Day High45.98
10 Day Low40.69
20 Day High45.98
20 Day Low37.31
52 Week High75.82
52 Week Low29.74
CS1 End38.19
CR1 Start45.01
Volume & EV
DER(3)1.4%
DER(5)0.34%
Volume560.20K
Volume Incr-26.68%
Vol(5)932.30K
Vol(50)943.03K