VANECK QUANTUM COMPUTING ETF (QNTM.MI) Stock Technical Analysis
BIT:QNTM - IE0007Y8Y157 - ETF
We assign a technical rating of 5 out of 10 to QNTM. In the last year, QNTM was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
QNTM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 18.92. Right above this resistance zone may be a good entry point.
More info and screens
17.79
We found 1 important support area.
- A support zone ranging from 17.97 to 18.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.63 to 19.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 QNTM.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QNTM.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | QNTM.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of QNTM.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QNTM.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 48.91 | NEUTRAL | The RSI value for QNTM.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests QNTM.MI has a negative trend. |
| Stochastics (14,3) | 73.1 | NEUTRAL | The Stochastics value for QNTM.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for QNTM.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 10.97 | NEGATIVE | The low ADX value for QNTM.MI suggests a weak or negative trend. |
BIT:QNTM (9/2/2025, 4:35:35 PM)
18.578
-0.34 (-1.78%)