RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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Stronger technical forecast for QuantaSing Group Limited stock price after Tuesday trading
(Updated on Nov 12, 2024)

Sell candidate since Nov 11, 2024 Gain 0.32%

The QuantaSing Group Limited stock price gained 0.317% on the last trading day (Tuesday, 12th Nov 2024), rising from $3.15 to $3.16. During the last trading day the stock fluctuated 5.86% from a day low at $3.07 to a day high of $3.25. The price has fallen in 6 of the last 10 days and is down by -5.95% for this period. Volume fell on the last day by -143 thousand shares and in total, 29 thousand shares were bought and sold for approximately $92.10 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $2.99 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 69.95% during the next 3 months and, with a 90% probability hold a price between $5.08 and $9.51 at the end of this 3-month period.

QSG Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The QuantaSing Group Limited stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $3.27 and $3.20. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, October 07, 2024, and so far it has fallen -32.19%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for QuantaSing Group Limited stock

QuantaSing Group Limited finds support from accumulated volume at $3.15 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.180 between high and low, or 5.86%. For the last week the stock has had daily average volatility of 9.91%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (QSG) For The Upcoming Trading Day Of Wednesday 13th

For the upcoming trading day on Wednesday, 13th we expect QuantaSing Group Limited to open at $3.16, and during the day (based on 14 day Average True Range), to move between $2.80 and $3.52, which gives a possible trading interval of +/-$0.362 (+/-11.45%) up or down from last closing price. If QuantaSing Group Limited takes out the full calculated possible swing range there will be an estimated 22.89% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $3.15 (0.32%) than the resistance at $3.18 (0.63%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is QuantaSing Group Limited stock A Buy?

The QuantaSing Group Limited stock holds several negative signals and despite the positive trend, we believe QuantaSing Group Limited will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -4.814 Sell Candidate Upgraded

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Predicted Fair Opening Price

Predicted fair opening price on November 13, 2024 - $3.16 ( 0%).

Trading levels for QSG

Fibonacci Support & Resistance Levels

Level Price
R3 3.34 5.70%
R2 3.27 3.52%
R1 3.23 2.18%
Price 3.16
S1 3.09 -2.18%
S2 3.05 -3.52%
S3 2.98 -5.70%

Accumulated Volume Support & Resistance Levels

Level Price
R3 3.85 21.84%
R2 3.54 11.87%
R1 3.18 0.633%
Price 3.16
S1 3.15 -0.316%
S2 2.97 -6.01%
S3 2.95 -6.65%

QSG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Oct 01, 2024 Oct 30, 2024 Nov 15, 2024 $0.181 5.73%
2 Oct 28, 2024 Oct 28, 2024 Nov 15, 2024 $0.181 5.73%

FAQ

What is the symbol for QuantaSing Group Limited Stock and on which exchange is it traded?
The symbol for QuantaSing Group Limited is QSG and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell QuantaSing Group Limited Stock?
The QuantaSing Group Limited stock holds several negative signals and despite the positive trend, we believe QuantaSing Group Limited will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

How to buy QuantaSing Group Limited Stock?
QuantaSing Group Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy QuantaSing Group Limited Stock.

What's the current price of QuantaSing Group Limited Stock?
As of the end of day on the Nov 12, 2024, the price of an QuantaSing Group Limited (QSG) share was $3.16.

What is the 52-week high and low for QuantaSing Group Limited Stock?
The 52-week high for QuantaSing Group Limited Stock is $6.22 and the 52-week low is $1.41.

What is the market capitalization of QuantaSing Group Limited Stock?
As of the Nov 12, 2024, the market capitalization of QuantaSing Group Limited is 161.317M.

When is the next earnings date for QuantaSing Group Limited?
The upcoming earnings date for QuantaSing Group Limited is Dec 11, 2024.
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