Red List

QDELQuidelOrtho Corporation

Healthcare · Medical Devices · small-cap ($1.1B)
-58.3%
from rolling 252-day high of $35.58 set 2026-01-16 · 216d ago
Current
$14.85
Decline depth
-58.3%
Decline σ
3.3σ
TFC
3/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Since tracking began

$QDEL has been tracked since 2026-03-01. It was down 45.4% from its 52-week high then — now down -58.3%.

That's 19.0 percentage points deeper than the day it joined. It bottomed 75.9% below that high along the way.

Decline from the 52-week high as it stood on 2026-03-02 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.

Structural break signals

QDEL qualifies for the Red List on decline depth.

Decline depth
-58.3%
From rolling 252-day high of $35.58, 216d ago. Past the 40% Red List threshold.
Time-frame continuity
3/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3. Past the 3/5 Watch threshold.
Decline sigma
3.3σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (7.5% per day).

The structural read

What price action says about QDEL.

QDEL qualifies for the Red List on decline depth — down -58.3% from its rolling 252-day high. Past the 40% threshold, the deepest tier in the taxonomy.

Cross-confirmation: also showing 3/5 bearish time frames.

Earnings on file: 2026-08-06. Tiering is unaffected by earnings dates — listings reflect price structure only.

Questions about QDEL

What people ask.

Why is QDEL on Broken Stocks?

QDEL qualifies for the Red List on decline depth. It is down -58.3% from its rolling 252-day high of $35.58, set on 2026-01-16 — 216d ago.

Is QDEL a falling knife?

Not by the strict technical definition. QDEL is down -58.3% from its 52-week high, but that high was set 216d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. QDEL is still on the Red List for decline depth, but the freshness component of a falling knife is missing.

Is QDEL a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is QDEL trading inside its 52-week range?

At $14.85, QDEL sits 19.2% of the way from its 52-week low ($9.92) to its 52-week high ($35.58). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has QDEL been declining?

The current 58.3% decline accrued over 216d, which annualizes to roughly -98.5% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does QDEL compare to its sector?

There are 143 other Healthcare tickers on Broken Stocks: 69 Red, 35 Amber, 39 Watch, with 50 showing recovering structural signals. Median sector decline is -36.1% — QDEL's decline is deeper than the sector median.

Does QDEL's earnings date affect its tier?

No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-08-06) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.