QUANTUM CORP (QMCO) Stock Technical Analysis
NASDAQ:QMCO • US7479066000
Taking everything into account, QMCO scores 0 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, QMCO is a bad performer in the overall market: 94% of all stocks are doing better.
- QMCO is part of the Technology Hardware, Storage & Peripherals industry. There are 36 other stocks in this industry, of which 71% are performing better than QMCO.
- 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.
- In the last month QMCO has a been trading in the 4.89 - 7.61 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
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
5.24
We can see 6 important resistance areas.
- A resistance zone ranging from 5.46 to 5.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.97 from a trend line in the daily time frame.
- A resistance zone ranging from 6.23 to 6.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @6.66 from a trend line in the weekly time frame.
- Resistance @11.78 from a horizontal line in the weekly 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 | 6.85 | NEGATIVE | QMCO has a low relative strength, it was outperformed by 93.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QMCO is below 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) | 36.63 | NEUTRAL | The RSI value for QMCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests QMCO has a negative trend. |
| Stochastics (14,3) | 34.46 | NEUTRAL | The Stochastics value for QMCO is a neutral value. |
| Average True Range in percent/ATR (20) | 9.52 | HIGH VOLATILITY | The high ATR as a percentage value for QMCO suggests high volalility. |
| Average Directional Index/ADX (14) | 26.94 | POSITIVE | The high ADX value value for QMCO suggests a strong trend. |
NASDAQ:QMCO (2/19/2026, 2:48:05 PM)
5.295
-0.17 (-3.2%)
QUANTUM CORP / QMCO FAQ
Can you provide the ChartMill technical rating for QUANTUM CORP?
ChartMill assigns a technical rating of 0 / 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 QMCO stock?
QUANTUM CORP (QMCO) has an RSI value of 36.6321. 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 support and resistance level for QMCO stock?
QUANTUM CORP (QMCO) has a resistance level at 5.97. Check the full technical report for our detailed analysis of QMCO support and resistance levels.