Quidel Corp (QDEL): Price Up $1.01 (0.78)% Over Past Day, Down $-0.46 (-0.35)% Over Past Hour

The Hourly View for QDEL

At the time of this writing, QDEL (Get Ratings)’s price is down $-0.46 (-0.35%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. As for the trend on the hourly timeframe, we see the clearest trend on the 20 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.

QDEL’s Technical Outlook on the Daily Chart

Currently, QDEL’s price is up $1.01 (0.78%) from the day prior. QDEL has seen its price go up 4 out of the past 5 days, thus creating some compelling opportunities for bulls. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 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. Quidel Corp’s price action over the past 90 days can be seen via the chart below.

QDEL

For QDEL News Traders

News traders keeping an eye on QDEL may find value in this recent story:

Quidel, Integrated Computer Solutions team up for COVID-19 diagnostic instruments

Quidel ([[QDEL]] -0.5%) and Integrated Computer Solutions enter collaboration agreement on next-gen multiplex molecular diagnostic instruments for sars-cov-2/covid pathogen detection.Quidel has enlisted Integrated Computer Solutions’  team to be the application developer of the next-generation, fully integrated molecular diagnostic system for its Savanna platform.With Savanna, Quidel will deploy a future-proof in-vitro diagnostics…

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