NASDAQ:QMMM - Nasdaq - KYG7309R1149 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to QMMM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, QMMM is showing a nice and steady performance.
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.
1.24
We found 1 important support area.
When analyzing the resistance we notice one important area.
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 | 96.33 | POSITIVE | QMMM has a high relative strength, it outperformed 96.33% 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) | 79.18 | OVERBOUGHT | The high RSI value suggests QMMM may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests QMMM has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 96.86 | OVERBOUGHT | The high Stochastics value suggests QMMM may be overbought. |
Average True Range in percent/ATR (20) | 8.68 | HIGH VOLATILITY | The high ATR as a percentage value for QMMM suggests high volalility. |
Average Directional Index/ADX (14) | 34.79 | POSITIVE | The high ADX value value for QMMM suggests a strong trend. |
2.38
+0.05 (+2.15%)