QUALIGEN THERAPEUTICS INC (QLGN) Stock Technical Analysis
NASDAQ:QLGN - Nasdaq - US74754R3012 - Common Stock - Currency: USD
Taking everything into account, QLGN scores 1 out of 10 in our technical rating. QLGN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
93% of all other stocks performed better in the past year than QLGN.
QLGN is one of the lesser performing stocks in the Biotechnology industry. 63% of 568 stocks in the same industry do better.
QLGN is currently trading near the lower end of its 52 week range, which is not a good sign. QLGN is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month QLGN has a been trading in the 2.85 - 4.02 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.
QLGN has a bad technical rating, but it does show a decent setup pattern. 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 3.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.01, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for QLGN 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
2.96
3.67
We found 1 important support area.
- A support zone ranging from 2.99 to 3.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.25 to 3.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.63 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.77
Mansfield-5.57
10 Day High3.44
10 Day Low2.85
20 Day High4.02
20 Day Low2.85
52 Week High29.44
52 Week Low2.85
Performance
1 Week6.23%
2 Weeks-2.11%
1 Month3.18%
3 Month-20.39%
6 Month-61.24%
12 Month-79.62%
2 Year-93.1%
3 Year-98.86%
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
RSI(14)49.43
LBB2.87
UBB3.6
3.24
-0.05 (-1.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.52%
1 Week6.23%
2 Weeks-2.11%
1 Month3.18%
3 Month-20.39%
6 Month-61.24%
12 Month-79.62%
2 Year-93.1%
3 Year-98.86%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%10.59%
ATR Inc-47.11%
Range Today0.06
ADR(20)0.33
ADR(20)%10.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.77
Mansfield-5.57
10 Day High3.44
10 Day Low2.85
20 Day High4.02
20 Day Low2.85
52 Week High29.44
52 Week Low2.85
CS1 End3.01
CR1 Start3.25
Volume & EV
DER(3)-4.89%
DER(5)6.31%
Volume1.30K
Volume Incr-77.36%
Vol(5)28.04K
Vol(50)59.04K