QuantumScape: This could become really expensive!
Latest Sentiment at QuantumScape
Strong positive or negative swings in Internet communications can be detected accurately and early with our analysis. However, sentiment has improved significantly for Quantumscape in recent weeks. The stock gets a “buy” rating from us for this. Discussion strength measures the attention of market participants in social media. For Quantumscape, our programs have measured decreased activity over the past four weeks. This indicates a falling interest of market participants for this stock. Quantumscape gets a “sell” rating for this. Overall, the stock is therefore rated a “Buy” at this level.
What do analysts recommend?
Out of a total of 5 analyst ratings for Quantumscape stock over the past twelve months, 0 ratings are “Buy”, 5 are “Hold” and 0 are “Sell”. This averages out to a “Hold” rating for the stock. There are no analyst updates on Quantumscape from the last month. Based on the price targets given, the average is 23 USD. This means that the stock could rise 224.4% from the last closing price (USD 7.09). The recommendation derived from this is “Buy”. In summary, Quantumscape thus receives a “buy” rating from the analysts.
What does the RSI say about the share price?
The Relative Strength Index, abbreviated as RSI, indexes the movements of share prices within 7 days by relating the upward movements to the number of movements. The standard range is from 0 to 100, Quantumscape’s RSI is 61.93, which means that the situation is considered neither overbought nor oversold. This results in a rating as “Hold”. The RSI25 extends the calculation period to 25 days. The RSI for the Quantumscape is 55.42. This is considered an indicator of a situation that is neither overbought nor oversold, which is assigned a “Hold” rating. Overall, we therefore assign a “Hold” rating for this category.
QuantumScape: What does the chart analysis say?
On the basis of the moving average price, Quantumscape is currently a “Sell”. This is because the value’s GD200 runs at the level of 12.04 USD, which means that the share price (7.09 USD) is -41.11 percent above this trend signal. This corresponds to the classification as “Sell”. Based on the past 50 days, this results in a moving average price (GD50) of 8.43 USD. This in turn corresponds to a deviation of -15.9 percent from the perspective of the share price itself. This means that the share is a “Sell” stock over this period. Overall, this corresponds to a “Sell” rating.