INVESCO S&P MIDCAP 400 QVM M (QVMM) Stock Technical Analysis
NYSEARCA:QVMM - NYSE Arca - US46138G5734 - ETF - Currency: USD
Overall QVMM gets a technical rating of 5 out of 10. QVMM has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Warning: QVMM has an average volume of 1127 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
QVMM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, QVMM turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
QVMM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so QVMM is lagging the market slightly.
In the last month QVMM has a been trading in a tight range between 27.50 and 28.57.
QVMM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 28.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.22, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
24.26
29.88
3 important support areas can be observed.
- A support zone ranging from 27.31 to 28.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.00 from a trend line in the weekly time frame.
- Support @24.51 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 28.38 to 28.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @29.58 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 | NEUTRAL | NEUTRAL | The long term trend for QVMM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QVMM is neutral. |
| ChartMill Relative Strength | 55.43 | NEUTRAL | QVMM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QVMM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QVMM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of QVMM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.54 | NEUTRAL | The RSI value for QVMM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests QVMM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.44 | NEUTRAL | The Stochastics value for QVMM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.81 | LOW VOLATILITY | The low ATR as a percentage value for QVMM suggests low volalility. |
| Average Directional Index/ADX (14) | 9.4 | NEGATIVE | The low ADX value for QVMM suggests a weak or negative 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)
NYSEARCA:QVMM (6/23/2025, 6:40:01 PM)
28.237
+0.13 (+0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.45%
1 Week1.13%
2 Weeks-0.32%
1 Month1.97%
3 Month4.69%
6 Month-1.89%
12 Month4.36%
2 Year16.98%
3 Year34.32%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%0.81%
ATR Inc5.44%
Range Today0.44
ADR(20)0.09
ADR(20)%0.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.43
Mansfield-0.46
10 Day High28.57
10 Day Low27.8
20 Day High28.57
20 Day Low27.5
52 Week High31.56
52 Week Low23.58
CS1 End28.22
CR1 Start28.38
Volume & EV
DER(3)-3.41%
DER(5)-2.04%
Volume978
Volume Incr-46.93%
Vol(5)355.6
Vol(50)1.13K