QUMU CORP (QUMU) Stock Technical Analysis
NASDAQ:QUMU - Nasdaq - US7490631030 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to QUMU. Although QUMU is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
88% of all other stocks performed better in the past year than QUMU.
QUMU is one of the lesser performing stocks in the Software industry. 76% of 282 stocks in the same industry do better.
QUMU is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so QUMU is lagging the market.
Both the short term and long term trends are positive. This is a very positive sign.
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.
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
0.88
1.01
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.
3 important resistance areas can be observed.
- 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.
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. |
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)
0.8988
+0.01 (+0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.71%
1 Week0.98%
2 Weeks0.97%
1 Month1.1%
3 Month4.51%
6 Month15.23%
12 Month-55.06%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%0.42%
ATR Inc123.88%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.64
Mansfield-1.08
10 Day High0.9
10 Day Low0.89
20 Day High0.9
20 Day Low0.89
52 Week High2.05
52 Week Low0.44
CS1 End0.89
CR1 Start0.91
Volume & EV
DER(3)-2.96%
DER(5)-0.67%
Volume46.20K
Volume Incr-63.87%
Vol(5)64.64K
Vol(50)241.44K