Question 1

What implications does the 10-day RSI indicator have for QDEL?

Accepted Answer

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 2

What does the Stochastic Oscillator suggest about QDEL's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

What is the significance of the 10-day moving average indicator for QDEL?

Accepted Answer

The 10-day moving average for QDEL crossed bullishly above the 50-day moving average on July 31, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 9 of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 0%.

Question 4

What does a 3-day price advance indicate for QDEL?

Accepted Answer

Following a +3.16% 3-day Advance, the price is estimated to grow further. Considering data from situations where QDEL advanced for three days, in 228 of 313 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 5

What does a 3-day decline signify for QDEL's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where QDEL declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 77%.

Question 6

What does QDEL breaking above its upper Bollinger Band indicate?

Accepted Answer

QDEL broke above its upper Bollinger Band on August 15, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Question 7

How does the Aroon Indicator reflect on QDEL's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 154 of 208 cases where QDEL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

QDEL Stock QuidelOrtho (QDEL, $44.05) price moved above its 50-day Moving Average on May 28, 2024

QDEL in upward trend: 10-day moving average broke above 50-day moving average on July 31, 2024

General Information