This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
Quantum Fuel Systems Technologies(QTWW - Get Report) is an integrated alternative energy company engaged in the development and production of advanced clean propulsion systems, and renewable energy generation systems and services. This stock is trading up 16.3% at $1.38 in recent trading.
Today's Range: $1.20-$1.50
52-Week Range: $1.02-$10.80
Three-Month Average Volume: 158,562
>>4 Top Energy Stocks From Goldman Sachs
From a technical standpoint, this stock is bouncing big today off of an extreme oversold condition. Just a couple of trading sessions ago, this stock registered a relative strength index reading of well below 30. Any RSI reading of 30 indicates an oversold condition, so well below 30 is extremely oversold.
The next buy point on this stock will trigger once QTWW trades above some near-term
overhead resistance at $1.60 on high volume. A high-volume move above that level should set this stock up to re-test $1.80 to $2.04 (its 50-day moving average) in the near future.