QUANTUM BIOPHARMA LTD (QNTM) Stock Technical Analysis
NASDAQ:QNTM - Nasdaq - CA74764Y2050 - Common Stock - Currency: USD
Taking everything into account, QNTM scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, QNTM is a bad performer.
100% of all other stocks performed better in the past year than QNTM.
QNTM is part of the Pharmaceuticals industry. There are 198 other stocks in this industry, of which 89% are performing better than QNTM.
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.
In the last month QNTM has a been trading in the 6.45 - 13.44 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although QNTM has an excellent technical rating, it does not offer a high quality setup 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
7.30
12.42
When analyzing the support we can see 2 important areas.
- Support @9.07 from a trend line in the daily time frame.
- A support zone ranging from 7.37 to 7.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High13.44
10 Day Low7.96
20 Day High13.44
20 Day Low6.45
52 Week HighN/A
52 Week LowN/A
Performance
1 Week49.64%
2 Weeks46.25%
1 Month79.04%
3 Month97.43%
6 Month126.94%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.39
RSI(14)71.5
LBB6.63
UBB12.35
12.3
+0.91 (+7.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg7.99%
1 Week49.64%
2 Weeks46.25%
1 Month79.04%
3 Month97.43%
6 Month126.94%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.17
ATR(20)%7.73%
ATR Inc88.4%
Range Today2.04
ADR(20)0.93
ADR(20)%7.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High13.44
10 Day Low7.96
20 Day High13.44
20 Day Low6.45
52 Week HighN/A
52 Week LowN/A
CS1 End9.07
CR1 StartN/A
Volume & EV
DER(3)-3.6%
DER(5)1.09%
Volume430.95K
Volume Incr230.36%
Vol(5)324.26K
Vol(50)678.27K