QUANTASING GROUP LTD (QSG)
US74767N1072 - ADR
Overall QSG gets a technical rating of 6 out of 10. QSG was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
QSG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
QSG is one of the better performing stocks in the Diversified Consumer Services industry, it outperforms 92% of 67 stocks in the same industry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, QSG did better than 92% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month QSG has a been trading in the 2.33 - 3.43 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.
Although the technical rating is only medium, QSG does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.68, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for QSG in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
1.54
3.65
3 important support areas can be observed.
- Support @2.64 from a horizontal line in the daily time frame.
- A support zone ranging from 1.63 to 1.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.56 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @2.68 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.84 to 2.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.61 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.71
Mansfield-0.21
10 Day High3.28
10 Day Low2.33
20 Day High3.43
20 Day Low2.33
52 Week High6.22
52 Week Low1.41
Performance
1 Week1.42%
2 Weeks-6.56%
1 Month-14.67%
3 Month63.79%
6 Month9.2%
12 Month42.5%
2 YearN/A
3 YearN/A
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)-0.01
RSI(14)47.02
LBB2.52
UBB3.35
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 |
|---|---|---|---|
| 2.87 | 2.63 | 0.24 (8.36%) | 11.96% |
| An entry @2.87. This is a Buy Stop order right above the resistance zone. | An exit @2.63. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.24 points, which is 8.36%. | For a 1.00% total portfolio risk, you can invest 11.96% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of QSG. 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.
QUANTASING GROUP LTD
NASDAQ:QSG (11/29/2024, 2:36:36 PM)
2.68
-0.17 (-5.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-5.96%
1 Week1.42%
2 Weeks-6.56%
1 Month-14.67%
3 Month63.79%
6 Month9.2%
12 Month42.5%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.31
ATR(20)%10.81%
ATR Inc
Range Today0.2
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.28
10 Day Low2.33
20 Day High3.43
20 Day Low2.33
52 Week High6.22
52 Week Low1.41
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume73.06K
Volume Incr12.32%
Vol(5)125.55K
Vol(50)415.87K