Quarterhill Inc T.QTRH

Cormark technical analysis

[v_guerriero]

I got the report published yesterday that ranks the tsx universe on quantitative and qualitative ratings.  This is one of Cormarks best reports.  

it ranks QTRH as a top 5 tech stock in their screen.  

it ranks top decile in 6 of 8 categories they track, including quantitative, momentum, growth, valuation, expectations and quality.  

Good RSI performance on a big down day in markets

[astutein]

Did Cormack increase price target with report?  On 8/7/2020 Cormack was Lowerd its price target from $ 3.00 to $ 2.75.   we have recorded boosts on marketbeat for Canacord Genuity from $ 2.40 to $ 2.80 and CIBC 8/10/2020  Boosted from 3.47 to $ 4.00 Cormack support your report by boosting Price  Target.

[v_guerriero]

Cormark raised their target to 3.60 on January 6 after the Sensor Line acquisition.  They previously raised their target in November to 3.40.  It was previously raised to 3.00 on oct 20. I do not care much for analysts as they are typically a lagging indicator.  Why I do care for them is that they show up in momentum indicators and many algos pick these things up.  And

[astutein]

v-guerriero   thanks greatly for recent update information.

[v_guerriero]

Anytime... #moonlanding to $15 Check out the latest chart on tradingview

[cabbieJBJ]

Thanks V