QuantumScape Corp (NYSE:QS) shares, rose in value, with the stock price down by -1.97% to the previous day’s close as strong demand from buyers drove the stock to $5.48.
Actively observing the price movement in the last trading, the stock closed the session at $5.59. Referring to stock’s 52-week performance, its high was $13.86, and the low was $4.99. On the whole, QS has fluctuated by -5.84% over the past month.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that QS’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of QS currently trading nearly -6.08% and -9.97% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.97, while the 7-day volatility ratio is showing 5.01% which for the 30-day chart, stands at 5.23%. Furthermore, QuantumScape Corp (QS)’s beta value is 4.75, and its average true range (ATR) is 0.31.
A comparison of QuantumScape Corp (QS) with its peers suggests the former has fared considerably weaker in the market. QS showed an intraday change of -1.97% in last session, and over the past year, it shrunk by -28.37%%.
Data on historical trading for QuantumScape Corp (NYSE:QS) indicates that the trading volumes over the past 3 months, they’ve averaged 6.48 million. According to company’s latest data on outstanding shares, there are 433.16 million shares outstanding.
Nearly 31.96% of QuantumScape Corp’s shares belong to company insiders and institutional investors own 24.87% of the company’s shares. The stock has fallen by -21.15% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the QS stock heading into the next quarter.
