Technical Analysis for QRE - aShares Australian Resources Sector ETF
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| C | 7.550 | -1.82% | -0.140 |
QRE closed down 1.82 percent on Wednesday, May 1, 2024, on 5.63 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Down | Flat | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Fell Below 200 DMA | Bearish | 0.00% | |
| Fell Below 50 DMA | Bearish | 0.00% | |
| Expansion Pivot Sell Setup | Bearish Swing Setup | 0.00% | |
| Volume Surge | Other | 0.00% | |
| Below Lower BB | Weakness | 0.00% | |
| Gapped Down | Weakness | 0.00% | |
| Lower Bollinger Band Touch | Weakness | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% | |
| NR7 | Range Contraction | -1.82% | |
| Narrow Range Bar | Range Contraction | -1.82% |
| Alert | Time |
|---|---|
| 10x Volume Pace | about 23 hours ago |
| 5x Volume Pace | about 23 hours ago |
| 3x Volume Pace | about 23 hours ago |
| 2x Volume Pace | about 23 hours ago |
| 1.5x Volume Pace | about 23 hours ago |
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Basic chart:
QRE aims to track the performance an index (before fees and expenses) comprising the largest ASX-listed companies in the resources sector, including BHP, Rio Tinto, Woodside Petroleum and more.
Keywords: Mining Australian Securities Exchange S&P/Asx 20 Rio Tinto S&P/Asx 50 Woodside Petroleum
Classification
Keywords: Mining Australian Securities Exchange S&P/Asx 20 Rio Tinto S&P/Asx 50 Woodside Petroleum
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 8.1953 |
| 52 Week Low | 7.1524 |
| Average Volume | 145,284 |
| 200-Day Moving Average | 7.603 |
| 50-Day Moving Average | 7.575 |
| 20-Day Moving Average | 7.760 |
| 10-Day Moving Average | 7.709 |
| Average True Range | 0.108 |
| RSI (14) | 42.53 |
| ADX | 16.58 |
| +DI | 23.472 |
| -DI | 32.200 |
| Chandelier Exit (Long, 3 ATRs) | 7.655 |
| Chandelier Exit (Short, 3 ATRs) | 7.835 |
| Upper Bollinger Bands | 7.961 |
| Lower Bollinger Band | 7.558 |
| Percent B (%b) | -0.02 |
| BandWidth | 5.199 |
| MACD Line | 0.010 |
| MACD Signal Line | 0.045 |
| MACD Histogram | -0.035 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 7.760 | ||||
| Resistance 3 (R3) | 7.770 | 7.710 | 7.725 | ||
| Resistance 2 (R2) | 7.710 | 7.657 | 7.705 | 7.713 | |
| Resistance 1 (R1) | 7.630 | 7.623 | 7.600 | 7.620 | 7.702 |
| Pivot Point | 7.570 | 7.570 | 7.555 | 7.565 | 7.570 |
| Support 1 (S1) | 7.490 | 7.517 | 7.460 | 7.480 | 7.398 |
| Support 2 (S2) | 7.430 | 7.483 | 7.425 | 7.387 | |
| Support 3 (S3) | 7.350 | 7.430 | 7.375 | ||
| Support 4 (S4) | 7.340 |
