QUMU CORP (QUMU) Technical Analysis
NASDAQ:QUMU • US7490631030
Current stock price
QUMU Technical Rating and Analysis
Taking everything into account, QUMU scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, QUMU is a bad performer.
- 88% of all other stocks performed better in the past year than QUMU.
- 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.
- The long and short term trends are both positive. This is looking good!
- QUMU is an average performer in the Software industry, it outperforms 47% of 275 stocks in the same industry.
- 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.
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.
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.