QLYS trade ideas
QUALYS $QLYSQualys is exhausted so far. Doji is on weekly. Indecision among the traders. After break out, it may back test $98.20
Qualys $QLYS#Qualys stock has climbed amid views that many existing customers will upgrade to a new, broader security vulnerability management platform. It is consolidating since summer 2018 and broke this year high. Weekly #RSI is still below the resistance
QLYS: Cypher Pattern In Motion!!!QLYS has potentially completed a Cypher pattern. Look for potential entries next week with initial and secondary targets at the 0.386 and the 0.618 retracements respectively (depending on market behavior).
QLYS breakout of downward trendlineAs QLYS breaks its minor downward trendline , a long position is entered with a tight stop.
Factors leading to the decision:
Long-term trend is bullish, medium term has been sideways
As we're nearing the top of the sideways range, approaching the resistance at 90 and 95 might offer a good opportunity for an even bigger breakout
A recent small retracement back to the trendline AND 20ma created a higher-low which is an ideal place to put a tight stop for the trade
20 SMA was recently crossed and held, luring in MA traders
As always, use a tight-stop. If it rips up, let it run and trail stops behind.
QLYS updated chartPosted this a week ago, seems to be working. Next leg up comes once it clears 87.50
QLYS breakoutNice bull flag breakout on daily. I've been watching for confirmation. Will buy 85.00c at the 85.36 break. First PT is 87.00. If we can break through that, plenty of upside. Need to be careful as markets may get shaky.
RR Swing - Higher timeframe supporting Stop slightly below low here.
It could move sideways here in a tight range for a few days. Careful to to get chopped out.
Ideally target is near recent highs.
Bullish RSI bounce on the 3 day time frame.
Higher timeframes look like they could support prices here.
QLYS bouncing off previous resistance as support?I am using IBD system of buying here, the cloud security sector has been hot, and I like CYBR also, but QLYS is in proper buy zone right now. I also considered CNC and would like to find a way into NHTC, CBM.
99 Composite
99 EPS
98 Relative Strength
A SMR
B+ Acc / Distribution
Current Earnings
EPS Due Date N/A
EPS Rating 99
EPS % Chg (Last Qtr) 200%
Last 3 Qtrs Avg EPS Growth 123%
# Qtrs of EPS Acceleration 2
EPS Est % Chg (Current Qtr) N/A N/A
Estimate Revisions N/A
Last Quarter % Earnings Surprise 66.7%
Annual Earnings
3 Yr EPS Growth Rate 108%
Consecutive Yrs of Annual EPS Growth 1
EPS Est % Chg for Current Year 15%
Sales, Margin, ROE
SMR Rating A
Sales % Chg (Last Qtr) 26%
3 Yr Sales Growth Rate 20%
Annual Pre-Tax Margin 14.3%
Annual ROE 13.4%
Debt/Equity Ratio 0%
TECHNICAL PERFORMANCE (QLYS)
Price And Volume
Price $51.16
RS Rating 98
% Off 52 Week High -5.42%
Price vs. 50-Day Moving Average 10.88%
50-Day Average Volume 452,800
Supply And Demand
Market Capitalization $1.8 B
Accumulation/Distribution Rating B+
Up/Down Volume 1.3
% Change In Funds Owning Stock 9%
Qtrs Of Increasing Fund Ownership 8
