Londinia Opportunities Analyses - 01/30/2023 (GMT) QUANTUMSCAPE CORP. - 1H

QUANTUMSCAPE CORP.
- USD (-)
- 15 min delayed data - NYSE Stocks
Type: Stocks
Ticker: QS
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 8.35 USD
My targets
9.65 USD (+11.05%)
10.58 USD (+21.75%)
My analysis
QUANTUMSCAPE CORP. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 8.35 USD. The next resistance located at 9.65 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 10.58 USD. After this resistance, buyers could then target 11.94 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
8.6

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Additional analysis

Quotes

The QUANTUMSCAPE CORP. rating is 8.69 USD. On the day, this instrument lost -0.34% and was between 8.35 USD and 8.74 USD. This implies that the price is at +4.07% from its lowest and at -0.57% from its highest.

8.35
8.74
8.69

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of QUANTUMSCAPE CORP. in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The analysis of the price chart with Central Patterns scanners does not return any result.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 6.81 7.68 8.35 8.69 11.94 13.76 16.50
Change (%) -21.63% -11.62% -3.91% - +37.40% +58.34% +89.87%
Change -1.88 -1.01 -0.34 - +3.25 +5.07 +7.81
Level Minor Minor Major - Minor Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.187.608.168.589.149.5610.12
Camarilla8.458.548.638.728.818.908.99
Woodie7.257.648.238.629.219.6010.19
Fibonacci7.607.978.218.588.959.199.56


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.635.567.148.079.6510.5812.16
Camarilla8.038.268.498.728.959.189.41
Woodie4.965.727.478.239.9810.7412.49
Fibonacci5.566.527.118.079.039.6210.58


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.883.504.586.207.288.909.98
Camarilla4.935.185.425.675.926.176.41
Woodie1.623.374.326.077.028.779.72
Fibonacci3.504.535.176.207.237.878.90

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): 61.14
MACD (12,26,9): 0.2200
Directional Movement: 14.06
AROON (14): 71.43
DEMA (21): 8.53
Parabolic SAR (0,02-0,02-0,2): 8.08
Elder Ray (13): 0.16
Super Trend (3,10): 8.09
Zig ZAG (10): 8.62
VORTEX (21): 1.2400
Stochastique (14,3,5): 71.14
TEMA (21): 8.65
Williams %R (14): -29.39
Chande Momentum Oscillator (20): 0.72
Repulse (5,40,3): 2.9900
ROCnROLL: 1
TRIX (15,9): 0.2800
Courbe Coppock: 19.23
MA7: 8.18
MA20: 7.15
MA50: 6.84
MA100: 7.87
MAexp7: 8.54
MAexp20: 8.27
MAexp50: 7.95
MAexp100: 7.54
Price / MA7: +6.23%
Price / MA20: +21.54%
Price / MA50: +27.05%
Price / MA100: +10.42%
Price / MAexp7: +1.76%
Price / MAexp20: +5.08%
Price / MAexp50: +9.31%
Price / MAexp100: +15.25%

Quotes : - 15 min delayed data - Actions NYSE