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QNST Stock Tickeron detected bullish Stock Pattern: Head-and-Shoulders Bottom QNST on August 07, 2024, netting in a 15.10% gain over 3 months

A.I.dvisor
at Tickeron.com
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+15.10% Gain from a Successful pattern Head-and-Shoulders Bottom
QNST - QuinStreet
Tickeron
Ticker: QNST
Company: QuinStreet
Gain: +15.1%
Confirmed: 08/07/24
Succeeded: 11/04/24
Total length: 91 days
On August 05, 2024, A.I.dvisor detected a Head-and-Shoulders Bottom Pattern (Bullish) for QuinStreet (QNST, $17.55). On August 07, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $22.46. 89 days later, on November 04, 2024, QNST reached the target price resulting in a +1 for traders who took a long position in the stock.

QNST sees its Stochastic Oscillator climbs out of oversold territory

On November 20, 2024, the Stochastic Oscillator for QNST moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 53 instances where the indicator left the oversold zone. In of the 53 cases the stock moved higher in the following days. This puts the odds of a move higher at over .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 21, 2024. You may want to consider a long position or call options on QNST as a result. In of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

QNST moved above its 50-day moving average on October 29, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for QNST crossed bullishly above the 50-day moving average on October 30, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where QNST advanced for three days, in of 279 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 224 cases where QNST Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for QNST moved out of overbought territory on November 12, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 44 similar instances where the indicator moved out of overbought territory. In of the 44 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Moving Average Convergence Divergence Histogram (MACD) for QNST turned negative on November 15, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 40 similar instances when the indicator turned negative. In of the 40 cases the stock turned lower in the days that followed. This puts the odds of success at .

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

QNST broke above its upper Bollinger Band on November 06, 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.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. QNST’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock slightly better than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.442) is normal, around the industry mean (5.919). P/E Ratio (232.558) is within average values for comparable stocks, (184.042). Projected Growth (PEG Ratio) (1.129) is also within normal values, averaging (2.366). QNST has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.037). P/S Ratio (1.722) is also within normal values, averaging (19.925).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

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General Information

a provider of online direct marketing services

Industry AdvertisingMarketingServices

Profile
Fundamentals
Details
Industry
Advertising Or Marketing Services
Address
950 Tower Lane
Phone
+1 650 578-7700
Employees
937
Web
https://www.quinstreet.com