Taking everything into account, QTUM scores 7 out of 10 in our technical rating. In the last year, QTUM was one of the better performers, but we do observe some doubts in the very recent evolution.
Although QTUM has an excellent technical rating, it does not present a decent entry opportunity 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.
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70.76
5 important support areas can be observed.
- A support zone ranging from 100.36 to 101.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @97.36 from a trend line in the daily time frame.
- Support @92.15 from a horizontal line in the daily time frame.
- Support @74.45 from a trend line in the weekly time frame.
- Support @71.47 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 115.10 to 115.10. This zone is formed by a combination of multiple trend lines 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 QTUM is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QTUM is down. |
| ChartMill Relative Strength | 90.26 | POSITIVE | QTUM has a high relative strength, it outperformed 90.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QTUM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of QTUM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QTUM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.42 | NEUTRAL | The RSI value for QTUM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.34 | NEGATIVE | The MACD value suggests QTUM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.65 | OVERSOLD | The low Stochastics value suggests QTUM may be oversold. |
| Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for QTUM suggests some volalility. |
| Average Directional Index/ADX (14) | 25.42 | POSITIVE | The high ADX value value for QTUM suggests a strong trend. |
101.44
+1.08 (+1.08%)
DEFIANCE QUANTUM ETF / QTUM FAQ
What is the technical rating for QTUM stock?
ChartMill assigns a technical rating of 7 / 10 to QTUM.
What is the trend direction for QTUM stock?
The current trend direction for DEFIANCE QUANTUM ETF (QTUM) is Bullish.
What is the RSI signal for DEFIANCE QUANTUM ETF (QTUM) stock?
DEFIANCE QUANTUM ETF (QTUM) has an RSI value of 35.4231. This indicates that the stock is currently neutral.
What is the short term momentum for QTUM stock?
The short term momentum for DEFIANCE QUANTUM ETF (QTUM) is negative.
What is the support and resistance level for QTUM stock?
DEFIANCE QUANTUM ETF (QTUM) has a support level at 101.43 and a resistance level at 115.1. Check the full technical report for our detailed analysis of QTUM support and resistance levels.