QUALIGEN THERAPEUTICS INC (QLGN)
US74754R2022 - Common Stock
Taking everything into account, QLGN scores 1 out of 10 in our technical rating. QLGN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
When comparing the yearly performance of all stocks, QLGN is a bad performer in the overall market: 99% of all stocks are doing better.
QLGN is part of the Biotechnology industry. There are 561 other stocks in this industry, of which 88% are performing better than QLGN.
QLGN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month QLGN has a been trading in the 3.53 - 4.72 range, which is quite wide. It is currently trading near the high of this range.
QLGN has an average volume of 3325970 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.
Although the technical rating is bad, QLGN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.59. Right above this resistance zone may be a good entry point. 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
3.85
7.19
When analyzing the support we can see 2 important areas.
- Support @4.10 from a horizontal line in the daily time frame.
- Support @3.89 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.59 to 4.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.12 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
CRS1.4
Mansfield-6.75
10 Day High4.67
10 Day Low3.9
20 Day High4.72
20 Day Low3.53
52 Week High29.44
52 Week Low3.34
Performance
1 Week7.73%
2 Weeks13.86%
1 Month1.55%
3 Month-45.21%
6 Month-78.81%
12 Month-82.01%
2 Year-93.01%
3 Year-98.96%
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)0.1
RSI(14)54.8
LBB3.78
UBB4.61
QUALIGEN THERAPEUTICS INC
NASDAQ:QLGN (1/6/2025, 5:20:01 PM)
4.51
-0.03 (-0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.66%
1 Week7.73%
2 Weeks13.86%
1 Month1.55%
3 Month-45.21%
6 Month-78.81%
12 Month-82.01%
2 Year-93.01%
3 Year-98.96%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%7.19%
ATR Inc11.24%
Range Today0.33
ADR(20)0.32
ADR(20)%7.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.4
Mansfield-6.75
10 Day High4.67
10 Day Low3.9
20 Day High4.72
20 Day Low3.53
52 Week High29.44
52 Week Low3.34
CS1 End4.1
CR1 Start4.59
Volume & EV
DER(3)9.77%
DER(5)0.44%
Volume30.88K
Volume Incr-4.6%
Vol(5)30.51K
Vol(50)3.33M