Qualys 15min chart triggers Bollinger Bands Expanding Downward, Bearish Marubozu signal.

Qualys's 15-minute chart exhibits a downtrend, as evidenced by the Bollinger Bands expanding downward. Furthermore, the presence of a bearish Marubozu candlestick pattern at 09/02/2025 10:45 indicates that sellers are driving market sentiment, thereby suggesting that bearish momentum is likely to persist.

Qualys Inc. (NASDAQ: QLYS) has been experiencing a downtrend in its stock price, as indicated by its 15-minute chart. The Bollinger Bands have been expanding downward, signaling a bearish trend, and the presence of a bearish Marubozu candlestick pattern on September 2, 2025, at 10:45 further suggests that sellers are driving market sentiment [1].

Hsbc Holdings PLC recently reduced its holdings in Qualys by 41.1%, owning 15,496 shares after selling 10,795 shares in the first quarter, valued at approximately $1.93 million [1]. This decrease in holdings by a significant institutional investor may have contributed to the recent downward pressure on the stock.

In contrast, several hedge funds have increased their positions in Qualys during the first quarter. Tandem Investment Advisors Inc. raised its position by 24.4%, Mirae Asset Global Investments Co. Ltd. by 4.0%, Novem Group by 35.0%, and Principal Financial Group Inc. by 1.1% [1]. These increases in holdings by other institutional investors may provide some support for the stock.

Qualys reported earnings of $1.68 EPS for the last quarter, exceeding estimates of $1.47, with a revenue increase of 10.3% year-over-year to $164.06 million [1]. Despite these positive earnings, the stock has been trending downward.

Analysts have provided mixed ratings for Qualys. Zacks Research raised Qualys to a "strong-buy" rating, while Royal Bank Of Canada increased their price target to $140.00. However, Wall Street Zen lowered their rating to "hold," and Jefferies Financial Group increased their price target to $150.00. Canaccord Genuity Group reduced their price target to $158.00 [1]. The consensus rating among analysts is "hold" with a price target of $141.00.

The mixed signals from institutional investors and analysts, combined with the bearish technical indicators, suggest that investors should approach Qualys with caution. The stock's recent performance and the bearish technical indicators indicate that further downward pressure may be expected in the near term.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-qualys-inc-qlys-shares-sold-by-hsbc-holdings-plc-2025-08-28/