QUANTUM CORP (QMCO) Technical Analysis
NASDAQ:QMCO • US7479066000
Current stock price
5.68 USD
+0.65 (+12.92%)
At close:
5.62 USD
-0.06 (-1.06%)
After Hours:
QMCO Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to QMCO. QMCO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, QMCO is a bad performer in the overall market: 92% of all stocks are doing better.
- QMCO is one of the lesser performing stocks in the Technology Hardware, Storage & Peripherals industry. 77% of 37 stocks in the same industry do better.
- QMCO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so QMCO is lagging the market.
- In the last month QMCO has a been trading in the 4.19 - 5.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
QMCO Weekly and Daily overview Charts
QMCO Setup Rating and Analysis
QMCO has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
QMCO Support and Resistance Analysis
5.55
11.90
We found 1 important support area.
- A support zone ranging from 5.61 to 5.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.69 to 5.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.78 from a horizontal line in the weekly time frame.
QMCO Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for QMCO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QMCO is neutral. |
| ChartMill Relative Strength | 8.77 | NEGATIVE | QMCO has a low relative strength, it was outperformed by 91.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QMCO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of QMCO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QMCO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.62 | NEUTRAL | The RSI value for QMCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests QMCO has a positive trend. |
| Stochastics (14,3) | 55.05 | NEUTRAL | The Stochastics value for QMCO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.19 | HIGH VOLATILITY | The high ATR as a percentage value for QMCO suggests high volalility. |
| Average Directional Index/ADX (14) | 16.66 | NEGATIVE | The low ADX value for QMCO suggests a weak or negative trend. |
QMCO Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
QMCO Technicals: Chart, Performance Metrics, Trend & Indicators
5.68
+0.65 (+12.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg12.92%
1 Week8.81%
2 Weeks9.44%
1 Month11.37%
3 Month-18.86%
6 Month-51.7%
12 Month-49.96%
2 Year-40.4%
3 Year-71.02%
5 Year-96.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%8.19%
ATR Inc56.71%
Range Today0.92
ADR(20)0.44
ADR(20)%7.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.77
3 months CRS18.42
6 months CRS9.69
Mansfield-3.48
10 Day High5.94
10 Day Low4.19
20 Day High5.94
20 Day Low4.19
52 Week High15.33
52 Week Low4.19
CS1 End5.67
CR1 Start5.69
Volume & EV
DER(3)10.12%
DER(5)1.23%
Volume585.40K
Volume Incr45.09%
Vol(5)542.96K
Vol(50)493.79K
QUANTUM CORP / QMCO TA FAQ
Can you provide the ChartMill technical rating for QUANTUM CORP?
ChartMill assigns a technical rating of 1 / 10 to QMCO.
What is the trend direction for QMCO stock?
The current trend direction for QUANTUM CORP (QMCO) is Bearish.
What is the RSI signal for QUANTUM CORP (QMCO) stock?
QUANTUM CORP (QMCO) has an RSI value of 54.6208. This indicates that the stock is currently neutral.
What is the MACD signal for QMCO stock?
The MACD indicator for QUANTUM CORP (QMCO) has a value of 0.0414245, indicating a bearish trend.