QUANTUM COMPUTING INC (QUBT) Stock Technical Analysis
NASDAQ:QUBT - Nasdaq - US74766W1080 - Common Stock - Currency: USD
Overall QUBT gets a technical rating of 2 out of 10. Although QUBT 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.
QUBT is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month QUBT has a been trading in the 5.91 - 9.03 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
QUBT is part of the Software industry. There are 285 other stocks in this industry. QUBT outperforms 99% of them.
QUBT has an average volume of 17529400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, QUBT did better than 99% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, QUBT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
5.62
7.18
When analyzing the support we can see 3 important areas.
- Support @6.20 from a horizontal line in the daily time frame.
- Support @5.92 from a trend line in the weekly time frame.
- Support @5.68 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 6.64 to 6.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 7.00 to 7.11. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS99.79
Mansfield6.41
10 Day High7.58
10 Day Low5.91
20 Day High9.03
20 Day Low5.91
52 Week High27.15
52 Week Low0.35
Performance
1 Week-6.42%
2 Weeks-15.32%
1 Month-13.26%
3 Month-34.79%
6 Month596.74%
12 Month793.01%
2 Year457.39%
3 Year318.95%
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)-0.09
RSI(14)42.69
LBB5.88
UBB8.1
6.41
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0%
1 Week-6.42%
2 Weeks-15.32%
1 Month-13.26%
3 Month-34.79%
6 Month596.74%
12 Month793.01%
2 Year457.39%
3 Year318.95%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.82
ATR(20)%13.86%
ATR Inc-52.91%
Range Today0.28
ADR(20)0.85
ADR(20)%13.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.79
Mansfield6.41
10 Day High7.58
10 Day Low5.91
20 Day High9.03
20 Day Low5.91
52 Week High27.15
52 Week Low0.35
CS1 End6.2
CR1 Start6.64
Volume & EV
DER(3)-4.83%
DER(5)-1.73%
Volume4.24M
Volume Incr-73.41%
Vol(5)7.05M
Vol(50)17.53M