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.
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.
0.88
We found 1 important support area.
3 important resistance areas can be observed.
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. |
0.8988
+0.01 (+0.71%)
ChartMill assigns a technical rating of 7 / 10 to QUMU.
The current trend direction for QUMU CORP (QUMU) is Bullish.
QUMU CORP (QUMU) has an RSI value of 67.225. This indicates that the stock is currently neutral.
The MACD indicator for QUMU CORP (QUMU) has a value of -0.00664431, indicating a bearish trend.
The short term momentum for QUMU CORP (QUMU) is positive.