Taking everything into account, QNTM scores 3 out of 10 in our technical rating. Although QNTM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
QNTM has a poor technical rating and the quality of the setup is also not perfect 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
5.95
When analyzing the support we can see 3 important areas.
- Support @8.28 from a trend line in the daily time frame.
- Support @7.74 from a horizontal line in the daily time frame.
- Support @6.01 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @9.85 from a trend line in the daily time frame.
- Resistance @10.05 from a horizontal line in the weekly 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 QNTM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QNTM is down. |
| ChartMill Relative Strength | 95.19 | POSITIVE | QNTM has a high relative strength, it outperformed 95.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of QNTM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QNTM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of QNTM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.88 | NEUTRAL | The RSI value for QNTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests QNTM has a positive trend. |
| Stochastics (14,3) | 30.74 | NEUTRAL | The Stochastics value for QNTM is a neutral value. |
| Average True Range in percent/ATR (20) | 14.69 | HIGH VOLATILITY | The high ATR as a percentage value for QNTM suggests high volalility. |
| Average Directional Index/ADX (14) | 20.1 | NEUTRAL | The ADX value for QNTM suggests a possible start of a new trend. |
8.89
+0.07 (+0.79%)
QUANTUM BIOPHARMA-B SUB VOT / QNTM FAQ
Can you provide the ChartMill technical rating for QUANTUM BIOPHARMA-B SUB VOT?
ChartMill assigns a technical rating of 3 / 10 to QNTM.
What is the trend direction for QNTM stock?
The current trend direction for QUANTUM BIOPHARMA-B SUB VOT (QNTM) is Bearish.
What is the RSI signal for QNTM stock?
QUANTUM BIOPHARMA-B SUB VOT (QNTM) has an RSI value of 46.8828. This indicates that the stock is currently neutral.
What is the short term momentum for QUANTUM BIOPHARMA-B SUB VOT (QNTM) stock?
The short term momentum for QUANTUM BIOPHARMA-B SUB VOT (QNTM) is negative.
What is the buy/sell signal for QUANTUM BIOPHARMA-B SUB VOT (QNTM) stock?
The buy/sell signal for QUANTUM BIOPHARMA-B SUB VOT (QNTM) is sell as both the short term and long term trends are negative.