QUMU CORP (QUMU) Technical Analysis
NASDAQ:QUMU • US7490631030
Current stock price
QUMU Technical Rating and Analysis
Overall QUMU gets a technical rating of 7 out of 10. Although QUMU is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, QUMU is a bad performer in the overall market: 88% of all stocks are doing better.
- QUMU is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Both the short term and long term trends are positive. This is a very positive sign.
- QUMU is part of the Software industry. There are 272 other stocks in this industry, QUMU did better than 42% of them.
- In the last month QUMU has a been trading in a tight range between 0.89 and 0.90.
- Considerably lower volume is observed in the last couple of days.
QUMU Weekly and Daily overview Charts
QUMU Setup Rating and Analysis
Although QUMU 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
QUMU Support and Resistance Analysis
0.88
When analyzing the support we notice one important area.
- A support zone ranging from 0.89 to 0.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @0.91 from a trend line in the daily time frame.
- Resistance @0.95 from a horizontal line in the weekly time frame.
- Resistance @1.00 from a horizontal line in the daily time frame.
QUMU Technical Indicator Signal Analysis
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 QUMU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QUMU is up. |
| ChartMill Relative Strength | 12.64 | NEGATIVE | QUMU has a low relative strength, it was outperformed by 87.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QUMU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QUMU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of QUMU is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.22 | NEUTRAL | The RSI value for QUMU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests QUMU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 79.91 | NEUTRAL | The Stochastics value for QUMU is a neutral value. |
| Average True Range in percent/ATR (20) | 0.42 | LOW VOLATILITY | The low ATR as a percentage value for QUMU suggests low volalility. |
| Average Directional Index/ADX (14) | 46.26 | POSITIVE | The high ADX value value for QUMU suggests a strong trend. |
QUMU Chart- and CandleStick Pattern Analysis
QUMU Technicals: Chart, Performance Metrics, Trend & Indicators
0.8988
+0.01 (+0.71%)
QUMU CORP / QUMU TA FAQ
What is the technical rating for QUMU stock?
ChartMill assigns a technical rating of 7 / 10 to QUMU.
What is the current trend direction of QUMU CORP (QUMU) stock?
The current trend direction for QUMU CORP (QUMU) is Bullish.
Can you provide the RSI signal for QUMU CORP?
QUMU CORP (QUMU) has an RSI value of 67.225. This indicates that the stock is currently neutral.
What is the short term momentum for QUMU CORP (QUMU) stock?
The short term momentum for QUMU CORP (QUMU) is positive.
Can you provide the support and resistance levels for QUMU CORP?
QUMU CORP (QUMU) has a support level at 0.89 and a resistance level at 0.91. Check the full technical report for our detailed analysis of QUMU support and resistance levels.