Taking everything into account, QSG scores 2 out of 10 in our technical rating. Although QSG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of QSG is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.94
We found 1 important support area.
- A support zone ranging from 6.00 to 6.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @10.46 from a trend line in the daily time frame.
- Resistance @11.70 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for QSG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QSG is down. |
| ChartMill Relative Strength | 93.94 | POSITIVE | QSG has a high relative strength, it outperformed 93.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QSG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QSG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of QSG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 30.94 | NEUTRAL | The RSI value for QSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests QSG has a negative trend. |
| Stochastics (14,3) | 9.81 | OVERSOLD | The low Stochastics value suggests QSG may be oversold. |
| Average True Range in percent/ATR (20) | 6.99 | HIGH VOLATILITY | The high ATR as a percentage value for QSG suggests high volalility. |
| Average Directional Index/ADX (14) | 17.8 | NEGATIVE | The low ADX value for QSG suggests a weak or negative trend. |
6.01
-0.07 (-1.15%)
QUANTASING GROUP LTD / QSG FAQ
What is the technical rating for QSG stock?
ChartMill assigns a technical rating of 2 / 10 to QSG.
What is the current trend direction of QUANTASING GROUP LTD (QSG) stock?
The current trend direction for QUANTASING GROUP LTD (QSG) is Bearish.
Can you provide the RSI signal for QUANTASING GROUP LTD?
QUANTASING GROUP LTD (QSG) has an RSI value of 30.9427. This indicates that the stock is currently neutral.
What is the MACD signal for QUANTASING GROUP LTD (QSG) stock?
The MACD indicator for QUANTASING GROUP LTD (QSG) has a value of -0.0821945, indicating a bearish trend.
What is the short term momentum for QSG stock?
The short term momentum for QUANTASING GROUP LTD (QSG) is negative.