Q2 METALS CORP (QTWO.CA) Stock Technical Analysis
TSX-V:QTWO - TSX Venture Exchange - CA74739G1072 - Common Stock - Currency: CAD
Overall QTWO gets a technical rating of 9 out of 10. QTWO has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, QTWO did better than 98% of all other stocks. On top of that, QTWO also shows a nice and consistent pattern of rising prices.
QTWO is part of the Metals & Mining industry. There are 820 other stocks in this industry. QTWO outperforms 96% of them.
QTWO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so QTWO is lagging the market.
In the last month QTWO has a been trading in the 0.75 - 1.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, QTWO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.00. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for QTWO 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
0.75
1.02
When analyzing the support we can see 4 important areas.
- A support zone ranging from 0.87 to 0.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.82 to 0.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.79 from a trend line in the daily time frame.
- Support @0.76 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.00 to 1.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.25
Mansfield3.68
10 Day High1.04
10 Day Low0.86
20 Day High1.04
20 Day Low0.75
52 Week High1.48
52 Week Low0.19
Performance
1 Week1.14%
2 Weeks-5.32%
1 Month9.88%
3 Month-5.32%
6 Month49.58%
12 Month356.41%
2 Year9.88%
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
RSI(14)50.73
LBB0.83
UBB1.02
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 |
|---|---|---|---|
| 0.95 | 0.86 | 0.09 (9.57%) | 10.45% |
| An entry @0.95. This is a Buy Stop order right above the 10 day moving average. | An exit @0.86. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.09 points, which is 9.57%. | For a 1.00% total portfolio risk, you can invest 10.45% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of QTWO. 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.
TSX-V:QTWO (2/21/2025, 7:00:00 PM)
0.89
-0.07 (-7.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-7.29%
1 Week1.14%
2 Weeks-5.32%
1 Month9.88%
3 Month-5.32%
6 Month49.58%
12 Month356.41%
2 Year9.88%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%6.77%
ATR Inc-21.03%
Range Today0.06
ADR(20)0.05
ADR(20)%6.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.25
Mansfield3.68
10 Day High1.04
10 Day Low0.86
20 Day High1.04
20 Day Low0.75
52 Week High1.48
52 Week Low0.19
CS1 End0.88
CR1 Start1
Volume & EV
DER(3)20.18%
DER(5)17.22%
Volume293.55K
Volume Incr63.3%
Vol(5)315.30K
Vol(50)194.26K