The Hourly View for QD
Currently, QD (Get Ratings)’s price is down $-0.01 (-0.7%) from the hour prior. This is the 2nd hour in a row QD has seen its price head down. Regarding the trend, note that the strongest trend exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
Out of Banking stocks, QD ranks 57th in regards to today’s price percentage change.
QD’s Technical Outlook on the Daily Chart
At the moment, QD’s price is down $0 (0%) from the day prior. This move is a reversal from the day prior, which saw price move up. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 100 day timeframe. The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend. The chart below shows QD’s price action over the past 90 days.
QD: Daily RSI Analysis
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