ALPHA US QUANT MOM ETF (QMOM) Stock Technical Analysis
NASDAQ:QMOM - US02072L4095 - ETF
63.27 USD
+0.28 (+0.44%)
63.27 USD
0 (0%)
Overall QMOM gets a technical rating of 4 out of 10. QMOM has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, QMOM outperforms 46% of them, which is more or less in line with the market.
QMOM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so QMOM is lagging the market.
In the last month QMOM has a been trading in a tight range between 61.27 and 63.85.
Considerably lower volume is observed in the last couple of days.
QMOM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 63.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 63.25, a Stop Loss order could be placed below this zone.
More info and screens
55.27
65.63
We found 3 important support areas.
- A support zone ranging from 61.98 to 63.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @60.50 from a horizontal line in the daily time frame.
- Support @55.83 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 63.60 to 64.98. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for QMOM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QMOM is neutral. |
| ChartMill Relative Strength | 46.27 | NEUTRAL | QMOM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QMOM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of QMOM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of QMOM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.1 | NEUTRAL | The RSI value for QMOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests QMOM has a positive trend. |
| Stochastics (14,3) | 64.86 | NEUTRAL | The Stochastics value for QMOM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.2 | LOW VOLATILITY | The low ATR as a percentage value for QMOM suggests low volalility. |
| Average Directional Index/ADX (14) | 10.08 | NEGATIVE | The low ADX value for QMOM 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)
63.27
+0.28 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.44%
1 Week-0.48%
2 Weeks1.96%
1 Month0.09%
3 Month-0.52%
6 Month9.56%
12 Month8.84%
2 Year46.73%
3 Year43.23%
5 Year50.73%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%1.2%
ATR Inc65.95%
Range Today1.62
ADR(20)0.69
ADR(20)%1.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.27
Mansfield-0.89
10 Day High63.85
10 Day Low61.57
20 Day High63.85
20 Day Low61.27
52 Week High72.19
52 Week Low49.79
CS1 End63.25
CR1 Start63.6
Volume & EV
DER(3)1.29%
DER(5)1.19%
Volume21.60K
Volume Incr9.1%
Vol(5)20.80K
Vol(50)36.59K