QUESTERRE ENERGY CORP - A (QEC.OL) Stock Technical Analysis
OSL:QEC - Euronext Oslo - CA74836K1003 - Common Stock - Currency: NOK
We assign a technical rating of 8 out of 10 to QEC. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, QEC is only an average performer.
The long and short term trends are both positive. This is looking good!
QEC is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 87% of 63 stocks in the same industry.
QEC has an average volume of 1193090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, QEC did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
QEC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month QEC has a been trading in the 1.92 - 2.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
QEC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.27. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- 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.
More info and screens
1.81
2.55
4 important support areas can be observed.
- Support @2.23 from a trend line in the weekly time frame.
- A support zone ranging from 2.02 to 2.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.87 from a trend line in the weekly time frame.
- Support @1.83 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.27 to 2.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 2.51 to 2.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.32
Mansfield1.12
10 Day High2.36
10 Day Low2
20 Day High2.36
20 Day Low1.92
52 Week High2.81
52 Week Low1.66
Performance
1 Week9%
2 Weeks-0.88%
1 Month15.82%
3 Month11.44%
6 Month21.08%
12 Month17.28%
2 Year24.44%
3 Year15.23%
5 Year207.9%
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
RSI(14)58.45
LBB2
UBB2.34
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 |
|---|---|---|---|
| 2.32 | 2.22 | 0.10 (4.31%) | 23.20% |
| An entry @2.32. This is a Buy Stop order right above the resistance zone. | An exit @2.22. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.10 points, which is 4.31%. | When investing 23.20% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of QEC. Please evaluate whether better entry and exit points can be found.
- 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.
OSL:QEC (3/7/2025, 7:00:00 PM)
2.24
+0.04 (+1.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.82%
1 Week9%
2 Weeks-0.88%
1 Month15.82%
3 Month11.44%
6 Month21.08%
12 Month17.28%
2 Year24.44%
3 Year15.23%
5 Year207.9%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%6.37%
ATR Inc12.8%
Range Today0.08
ADR(20)0.13
ADR(20)%5.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.32
Mansfield1.12
10 Day High2.36
10 Day Low2
20 Day High2.36
20 Day Low1.92
52 Week High2.81
52 Week Low1.66
CS1 End2.23
CR1 Start2.27
Volume & EV
DER(3)-0.34%
DER(5)-0.27%
Volume2.72M
Volume Incr81.79%
Vol(5)2.59M
Vol(50)1.19M