7.85 USD
+0.37 (+4.95%)
7.81 USD
-0.04 (-0.51%)
We assign a technical rating of 0 out of 10 to QMCO. QMCO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
87% of all other stocks performed better in the past year than QMCO.
QMCO is one of the lesser performing stocks in the Technology Hardware, Storage & Peripherals industry. 67% of 35 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
QMCO has an average volume of 2186430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month QMCO has a been trading in the 6.54 - 9.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
QMCO has a poor technical rating and the quality of the setup is also only medium 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
6.90
13.79
We found 1 important support area.
- Support @6.97 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- Resistance @11.21 from a trend line in the daily time frame.
- Resistance @11.78 from a horizontal line in the weekly time frame.
- Resistance @13.09 from a trend line in the daily time frame.
- Resistance @13.65 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for QMCO is down. |
| ChartMill Relative Strength | 13.08 | NEGATIVE | QMCO has a low relative strength, it was outperformed by 86.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of QMCO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QMCO is below 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) | 45.73 | NEUTRAL | The RSI value for QMCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests QMCO has a positive trend. |
| Stochastics (14,3) | 45.57 | NEUTRAL | The Stochastics value for QMCO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.16 | HIGH VOLATILITY | The high ATR as a percentage value for QMCO suggests high volalility. |
| Average Directional Index/ADX (14) | 15.73 | NEGATIVE | The low ADX value for QMCO suggests a weak or negative trend. |
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)
7.85
+0.37 (+4.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg4.95%
1 Week7.39%
2 Weeks11.66%
1 Month-16.49%
3 Month5.65%
6 Month-33.87%
12 Month-54.91%
2 Year31.14%
3 Year-69.09%
5 Year-93.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%8.16%
ATR Inc-13.06%
Range Today0.42
ADR(20)0.59
ADR(20)%7.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.08
3 months CRS73.14
6 months CRS8.02
Mansfield-5.35
10 Day High8.48
10 Day Low6.55
20 Day High9.53
20 Day Low6.55
52 Week High90.64
52 Week Low6.51
CS1 End6.97
CR1 Start11.21
Volume & EV
DER(3)5.78%
DER(5)0.49%
Volume303.00K
Volume Incr-30.91%
Vol(5)598.80K
Vol(50)2.19M
QUANTUM CORP / QMCO FAQ
Can you provide the ChartMill technical rating for QUANTUM CORP?
ChartMill assigns a technical rating of 0 / 10 to QMCO.
Can you provide the trend direction for QUANTUM CORP?
The current trend direction for QUANTUM CORP (QMCO) is Bearish.
What is the RSI signal for QMCO stock?
QUANTUM CORP (QMCO) has an RSI value of 45.7287. This indicates that the stock is currently neutral.
What is the short term momentum for QUANTUM CORP (QMCO) stock?
The short term momentum for QUANTUM CORP (QMCO) is negative.
What is the buy/sell signal for QUANTUM CORP (QMCO) stock?
The buy/sell signal for QUANTUM CORP (QMCO) is sell as both the short term and long term trends are negative.