QUANTUM CORP (QMCO)

US7479065010 - Common Stock

9.13  +5.11 (+127.11%)

Premarket: 11.26 +2.13 (+23.33%)

Technical Rating and Analysis

7

Taking everything into account, QMCO scores 7 out of 10 in our technical rating. QMCO has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

QMCO is part of the Technology Hardware, Storage & Peripherals industry. There are 31 other stocks in this industry. QMCO outperforms 93% of them.
In the last month QMCO has a been trading in the 2.88 - 10.50 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that QMCO is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this relatively good performance is mostly due to a recent big move.
QMCO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so QMCO is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
QMCO Weekly chart
QMCO Daily chart
Setup Rating and Analysis

1

Although QMCO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

9.04

12.84

When analyzing the resistance we notice one important area.

  • Resistance @12.71 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.84
Mansfield0.86
10 Day High10.5
10 Day Low2.88
20 Day High10.5
20 Day Low2.88
52 Week High18
52 Week Low2.22
Performance
1 Week178.35%
2 Weeks106.1%
1 Month84.07%
3 Month117.59%
6 Month-1%
12 Month47.26%
2 Year-64.06%
3 Year-91.65%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.25
RSI(14)76.27
LBB1.28
UBB7.3
QMCO Daily chart

QUANTUM CORP

NASDAQ:QMCO (11/22/2024, 8:00:49 PM)

Premarket: 11.26 +2.13 (+23.33%)

9.13

+5.11 (+127.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg127.11%
1 Week178.35%
2 Weeks106.1%
1 Month84.07%
3 Month117.59%
6 Month-1%
12 Month47.26%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.13
ATR(20)%11.12%
ATR Inc
Range Today6.3
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High10.5
10 Day Low2.88
20 Day High10.5
20 Day Low2.88
52 Week High18
52 Week Low2.22
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume39.48M
Volume Incr10731.36%
Vol(5)8.22M
Vol(50)863.57K