Qnity Electronics, Inc. (NYSE:Q) shares are trading slightly higher premarket on Friday after the company disclosed that Matt Harbaugh stepped down immediately as Chief Financial Officer (CFO) for health reasons.
Mike Goss, the company's Principal Accounting Officer and Controller, has been named Interim CFO effective immediately.
Before serving as Qnity's Principal Accounting Officer and Controller, he spent 14 years at DuPont, holding several senior positions and gaining expertise in portfolio transformation and financial operations, most recently as Vice President, Principal Accounting Officer, and Controller from December 2018 to October 2025.
Prior to DuPont, Mike held various roles at Ernst & Young.
The company said it will conduct a comprehensive search for the position.
Guidance
Qnity confirms its full-year 2025 guidance, projecting Net Sales of approximately $4.7 billion (vs. consensus of $4.72 billion)and Adjusted Pro Forma Operating EBITDA of around $1.4 billion.
Qnity plans to release financial results on February 26, 2026.
Qnity Technical Analysis
Qnity Electronics, Inc. (Q) is currently showing a bullish setup with its 20-day simple moving average (SMA) positioned above the 50-day SMA. This indicates that Qnity Electronics, Inc.'s stock is in a positive trend, suggesting potential upward momentum for traders to consider.
The relative strength index (RSI) sits at 64.10, which is neutral but leans towards overbought territory. This level indicates that while there is some bullish momentum, traders should be cautious of a potential pullback if the RSI moves higher.
Currently, the MACD is above its signal line, signaling bullish momentum for Qnity Electronics, Inc. This suggests that the stock could continue to gain strength, and traders might want to watch for further confirmation of this trend.
As for support and resistance, there are no defined levels at this time, which means traders should be alert for any price action that could establish these critical points.
If the stock begins to test new highs or lows, it could signal a trend change or continuation that traders need to act on.
Looking at the longer-term picture, Qnity Electronics, Inc.'s stock has experienced a 12-month performance decline of 4.00%. This downtrend highlights the importance of monitoring price action closely, as any recovery could signify a shift in market sentiment.
The stock's recent swing high on November 5, 2025, at $105.40, and swing low on November 24, 2025, at $72.81, are key points to consider. These levels provide context for where the stock has been and where it might be heading in the near future.
With the current technical indicators and the recent price action, traders should remain vigilant for any signs of a breakout or reversal.
Q Price Action: Qnity Electronics shares were up 0.73% at $93.80 during premarket trading on Friday, according to Benzinga Pro data.
Photo by T. Schneider via Shutterstock
