Taking everything into account, QNTM scores 0 out of 10 in our technical rating. QNTM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, QNTM is a bad performer in the overall market: 75% of all stocks are doing better.
- QNTM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month QNTM has a been trading in the 4.50 - 7.65 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- QNTM is an average performer in the Pharmaceuticals industry, it outperforms 49% of 190 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
The technical rating of QNTM is bad and it also does not present a 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
4.53
When analyzing the resistance we notice one important area.
- Resistance @7.11 from a trend line 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 | 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 | 25.98 | NEGATIVE | QNTM has a low relative strength, it was outperformed by 74.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QNTM is below a declining 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) | DOWN | NEGATIVE | The current price of QNTM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.23 | OVERSOLD | The low RSI value suggests QNTM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests QNTM has a negative trend. |
| Stochastics (14,3) | 4.99 | OVERSOLD | The low Stochastics value suggests QNTM may be oversold. |
| Average True Range in percent/ATR (20) | 11.69 | HIGH VOLATILITY | The high ATR as a percentage value for QNTM suggests high volalility. |
| Average Directional Index/ADX (14) | 21.34 | NEUTRAL | The ADX value for QNTM suggests a possible start of a new trend. |
4.58
-0.29 (-5.95%)
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 0 / 10 to QNTM.
Can you provide the trend direction for QUANTUM BIOPHARMA-B SUB VOT?
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 27.2267. This indicates that the stock is currently oversold.
What is the MACD signal for QUANTUM BIOPHARMA-B SUB VOT (QNTM) stock?
The MACD indicator for QUANTUM BIOPHARMA-B SUB VOT (QNTM) has a value of -0.163359, indicating a bearish trend.
What is the buy/sell signal for 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.