Stock Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
QuidelOrtho Corporation (NASDAQ:QDEL)
Bear Market Rally (-75) - QDEL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QDEL as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QDEL?
MarketClub looks at technical strength and momentum to determine if the timing is right for QDEL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QDEL
The long-term trend has been DOWN since Jun 27th, 2023 at 80.82
The intermediate-term trend has been DOWN since Sep 12th, 2023 at 73.53
The short-term trend has been UP since Sep 28th, 2023 at 72.08
Smart Scan Analysis for QDEL
Based on our trend formula, QDEL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||77.63||Year High Date||2018-08-31|
|Year Low||41.5||Year Low Date||2018-02-09|
|52wk High||102||52wk High Date||2022-12-13|
|52wk Low||66.88||52wk Low Date||2022-10-12|
|Year End Close||18.67||Average Volume||557,726|
|Shares Outstanding||66,791||Short Interest||4,557,162|
|% Institutional||89.1||Market Cap||2,843M|