QMMM HOLDINGS LTD-A (QMMM) Stock Technical Analysis
NASDAQ:QMMM - KYG7309R1149 - Common Stock
4.19 USD
-0.9 (-17.68%)
4.25 USD
+0.06 (+1.43%)
We assign a technical rating of 9 out of 10 to QMMM. Both in the recent history as in the last year, QMMM has proven to be a steady performer, scoring decent points in every aspect analyzed.
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.
Both the short term and long term trends are positive. This is a very positive sign.
QMMM is one of the better performing stocks in the Media industry, it outperforms 95% of 100 stocks in the same industry.
In the last month QMMM has a been trading in the 2.08 - 5.63 range, which is quite wide. It is currently trading near the high of this range.
QMMM has an average volume of 5907120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, QMMM did better than 97% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
QMMM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so QMMM is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although QMMM has an excellent technical rating, it does not present a decent entry opportunity 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
4.15
4.23
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 | UP | POSITIVE | The long term trend for QMMM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QMMM is up. |
| ChartMill Relative Strength | 97.56 | POSITIVE | QMMM has a high relative strength, it outperformed 97.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QMMM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QMMM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of QMMM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.73 | NEUTRAL | The RSI value for QMMM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests QMMM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.42 | NEUTRAL | The Stochastics value for QMMM is a neutral value. |
| Average True Range in percent/ATR (20) | 14.64 | HIGH VOLATILITY | The high ATR as a percentage value for QMMM suggests high volalility. |
| Average Directional Index/ADX (14) | 18.6 | NEGATIVE | The low ADX value for QMMM 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)
4.19
-0.9 (-17.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-17.68%
1 Week13.86%
2 Weeks51.26%
1 Month71.02%
3 Month291.59%
6 Month357.92%
12 Month-33.39%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%14.64%
ATR Inc188.42%
Range Today1.53
ADR(20)0.61
ADR(20)%14.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.56
Mansfield3.93
10 Day High5.63
10 Day Low2.66
20 Day High5.63
20 Day Low2.08
52 Week High13
52 Week Low0.54
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-2.2%
DER(5)5.05%
Volume3.45M
Volume Incr-49.46%
Vol(5)3.09M
Vol(50)5.91M