Question 1

What implications does the 10-day RSI indicator have for QNTM?

Accepted Answer

The 10-day RSI Indicator for QNTM moved out of overbought territory on August 12, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 29 similar instances where the indicator moved out of overbought territory. In 27 of the 29 cases, the stock moved lower in the following days. This puts the odds of a move lower at 90%.

Question 2

What does the Stochastic Oscillator suggest about QNTM's trend?

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Question 3

How did QNTM's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on September 05, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on QNTM as a result. In 72 of 77 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 90%.

Question 4

What does MACD indicator imply for QNTM?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for QNTM just turned positive on August 27, 2024. Looking at past instances where QNTM's MACD turned positive, the stock continued to rise in 31 of 39 cases over the following month. The odds of a continued upward trend are 79%.

Question 5

What is the significance of the 50-day moving average indicator for QNTM?

Accepted Answer

QNTM moved below its 50-day moving average on August 12, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 6

What is the significance of the 10-day moving average indicator for QNTM?

Accepted Answer

The 10-day moving average for QNTM crossed bullishly above the 50-day moving average on August 15, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 13 of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 68%.

Question 7

What does a 3-day price advance indicate for QNTM?

Accepted Answer

Following a +7.61% 3-day Advance, the price is estimated to grow further. Considering data from situations where QNTM advanced for three days, in 163 of 208 cases, the price rose further within the following month. The odds of a continued upward trend are 78%.

Question 8

What does a 3-day decline signify for QNTM's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where QNTM declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 89%.

Question 9

How does the Aroon Indicator reflect on QNTM's trend?

Accepted Answer

The Aroon Indicator for QNTM entered a downward trend on September 09, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

QNTM Stock Quantum Biopharma (QNTM, $3.82) Aroon Indicator entered a Downtrend on September 10, 2024.

QNTM sees its 50-day moving average cross bullishly above its 200-day moving average

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