Taking everything into account, QTRX scores 6 out of 10 in our technical rating. Although QTRX is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
QTRX has an average technical rating and it also does not offer a high 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
4.24
We found 3 important support areas.
- Support @5.38 from a trend line in the daily time frame.
- Support @5.17 from a trend line in the weekly time frame.
- Support @4.28 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for QTRX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QTRX is neutral. |
| ChartMill Relative Strength | 24.7 | NEGATIVE | QTRX has a low relative strength, it was outperformed by 75.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of QTRX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QTRX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of QTRX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.47 | NEUTRAL | The RSI value for QTRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests QTRX has a negative trend. |
| Stochastics (14,3) | 13.08 | OVERSOLD | The low Stochastics value suggests QTRX may be oversold. |
| Average True Range in percent/ATR (20) | 6.72 | HIGH VOLATILITY | The high ATR as a percentage value for QTRX suggests high volalility. |
| Average Directional Index/ADX (14) | 24.75 | NEUTRAL | The ADX value for QTRX suggests a possible start of a new trend. |
6.59
-0.21 (-3.09%)
QUANTERIX CORP / QTRX FAQ
Can you provide the ChartMill technical rating for QUANTERIX CORP?
ChartMill assigns a technical rating of 6 / 10 to QTRX.
What is the current trend direction of QUANTERIX CORP (QTRX) stock?
The current trend direction for QUANTERIX CORP (QTRX) is Bullish.
What is the RSI signal for QTRX stock?
QUANTERIX CORP (QTRX) has an RSI value of 44.4695. This indicates that the stock is currently neutral.
What are the support and resistance levels for QUANTERIX CORP (QTRX) stock?
QUANTERIX CORP (QTRX) has a support level at 5.38. Check the full technical report for our detailed analysis of QTRX support and resistance levels.