QuidelOrtho Corporation Common Stock
Here’s whether QuidelOrtho Corporation Common Stock (QDEL) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.
Positives: RSI 43 — healthy momentum range. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-11.77% over 10 days); weak 1-year return of -49.7%; 3-month momentum negative (-61.7%); rising volume on a downtrend (distribution, 1.40x avg). Currently 67.4% off its 52-week high. Score: -5/7.
QDEL is trading below its 200-day MA ($25.68) — a key warning sign the longer-term trend is under pressure. An RSI of 43.1 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of -49.7% compares to +35.1% for SPY (trailed the market by 84.8%). The current 67.4% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.