QUANTUMSCAPE CORP. - Weekly - Technical analysis published on 07/24/2024 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
89%
0%
11%
My opinion
Bullish above 7.30 USD
My targets
9.12 USD (+13.29%)
10.72 USD (+33.17%)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for QUANTUMSCAPE CORP. as long as the price remains well above 7.30 USD. The buyers' bullish objective is set at 9.12 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 10.72 USD. If there is any crossing, the next objective would be the resistance located at 13.56 USD.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
4.3
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This analysis was given by jarias81197. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
QUANTUMSCAPE CORP. rating 8.05 USD. The price is lower by -9.75% over the 5 days and was traded between 7.68 USD and 8.27 USD over the period. The price is currently at +4.82% from its lowest point and -2.66% from its highest point.7.68
8.27
8.05
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of QUANTUMSCAPE CORP. in Weekly shows a neutral overall trend. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : Weekly
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Weekly
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 8.05 | 13.56 | 40.58 | 66.52 |
| Change (%) | - | +68.45% | +404.10% | +726.34% |
| Change | - | +5.51 | +32.53 | +58.47 |
| Level | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.51 | 7.68 | 7.86 | 8.03 | 8.21 | 8.38 | 8.56 |
| Camarilla | 7.95 | 7.99 | 8.02 | 8.05 | 8.08 | 8.11 | 8.15 |
| Woodie | 7.53 | 7.68 | 7.88 | 8.03 | 8.23 | 8.38 | 8.58 |
| Fibonacci | 7.68 | 7.81 | 7.89 | 8.03 | 8.16 | 8.24 | 8.38 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.92 | 6.92 | 7.52 | 8.52 | 9.12 | 10.12 | 10.72 |
| Camarilla | 7.68 | 7.83 | 7.97 | 8.12 | 8.27 | 8.41 | 8.56 |
| Woodie | 5.72 | 6.82 | 7.32 | 8.42 | 8.92 | 10.02 | 10.52 |
| Fibonacci | 6.92 | 7.53 | 7.91 | 8.52 | 9.13 | 9.51 | 10.12 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.86 | 3.77 | 4.34 | 5.25 | 5.82 | 6.73 | 7.30 |
| Camarilla | 4.51 | 4.65 | 4.78 | 4.92 | 5.06 | 5.19 | 5.33 |
| Woodie | 2.70 | 3.69 | 4.18 | 5.17 | 5.66 | 6.65 | 7.14 |
| Fibonacci | 3.77 | 4.33 | 4.68 | 5.25 | 5.81 | 6.16 | 6.73 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 64.04 | |
| MACD (12,26,9): | 0.1800 | |
| Directional Movement: | 24.14 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 6.37 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.94 | |
| Elder Ray (13): | 1.55 | |
| Super Trend (3,10): | 5.58 | |
| Zig ZAG (10): | 8.05 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 77.08 | |
| TEMA (21): | 6.80 | |
| Williams %R (14): | -30.31 | |
| Chande Momentum Oscillator (20): | 2.35 | |
| Repulse (5,40,3): | 14.2800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.4500 | |
| Courbe Coppock: | 31.93 |
| MA7: | 8.45 | |
| MA20: | 6.49 | |
| MA50: | 5.94 | |
| MA100: | 5.86 | |
| MAexp7: | 6.89 | |
| MAexp20: | 6.29 | |
| MAexp50: | 6.69 | |
| MAexp100: | 9.89 | |
| Price / MA7: | -4.73% | |
| Price / MA20: | +24.04% | |
| Price / MA50: | +35.52% | |
| Price / MA100: | +37.37% | |
| Price / MAexp7: | +16.84% | |
| Price / MAexp20: | +27.98% | |
| Price / MAexp50: | +20.33% | |
| Price / MAexp100: | -18.60% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
Don't forget to follow the news on QUANTUMSCAPE CORP.. At the time of publication of this analysis, the latest news was as follows:
- QuantumScape Announces Closing of Public Offering of Class A Common Stock
- QuantumScape Announces Pricing of Public Offering of Class A Common Stock
- QuantumScape Announces Proposed Public Offering of Class A Common Stock
- QuantumScape Appoints Dr. Siva Sivaram President, Strengthening Senior Leadership Team
- QuantumScape Appoints Three New Members to Board of Directors
This member declared not having a position on this financial instrument or a related financial instrument.
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