QuickLogic(QUIK) - Field-Programmable Gate Arrays (FPGAs) Potential ForeRunner

If you have been following up news on the semiconductor space, it seem like Field-Programmable Gate Arrays (FPGAs) are another innovative class of semiconductors that have gained traction in the AI domain.

Unlike traditional CPUs and GPUs, FPGAs are highly customizable and can be reprogrammed to execute specific algorithms.

This flexibility allows for faster and more efficient execution of AI tasks. FPGAs excel in scenarios where low-latency, real-time processing is crucial, such as autonomous vehicles and industrial automation.

They can be programmed to perform parallel computations, making them ideal for AI inferencing, where the focus is on quickly analyzing data and making predictions.

I would be looking more on how the share prices have been trading with the help of technical analysis and if there is any opportunity that we can find to trade.

From the SMA 50/200 chart, QuickLogic is showing a very strong bull trend even though we can see that it did trend down a bit due to a not so positive earning report.

But looking at the cycle of its last bull trend, QuickLogic would be able to continue its bull trend for another 40-50 periods.

As we have seen that QuickLogic is on a bull trend, RSI has shown QuickLogic is gaining momentum and the good news is it is trending towards to the Lower(30).

This normally mean that there will be more buying activities coming up and hence will drive price higher.

ADX is currently above 40 which indicate a Strong trend as shown in SMA as well.

But if we look at the +DI is above -DI but the range is very close to each other, this mean the the trend strength is not strong.

I would expect QuickLogic to have the strength picked up, but it would be good to check why this is so, if QuickLogic in any reversal or potential reversal.

SAR show that QuickLogic did went into a short bullish reversal and then it go into a bearish reversal.

This could explain why we can see that the strength of the strong trend is pretty weak.

I would continue to monitor how QuickLogic would be moving in terms of price and volume.

I will hold onto any trade or target price in the meantime, will update once we have clearer signal.

From the indicators that I have used, we can see that even though QuickLogic might be showing us having a strong bullish trend from SMA.

But its share prices does not tally with what SMA is showing us. Upon looking at another few indicators now we have a clearer explanation on why QuickLogic is trading currently.

You can check out the last 5 trading days, QuickLogic have been trading sideways and yesterday, it start to trend down. This coincide with what SAR is showing us.

I will not be taking any position yet as I would be monitoring how QuickLogic would trade moving forward.

Appreciate if you could share your thoughts in the comment section whether you think QuickLogic would be a potential semiconductor stock to look at for their innovative FPGS.

Disclaimer: The analysis and result presented does not recommend or suggest any investing in the said stock. This is purely for Analysis.