Signal Watch: Span A is Above Span B for Quantum Matls Corp (QTMM)

Traders might be scanning the levels on shares of Quantum Matls Corp (QTMM). After a recent indicator check, we have seen that Span A is presently higher than Span B. This indicator position may have traders watching for a bullish move.

Individual investors may be going to great lengths to make their challenging earned money work for them in the equity market. The equity market can be a scary place for beginners with little to no experience. Studying the ins and outs of the markets can aid provide a solid base for the new investor to work with. Many people will jump into the game thinking they are going to easily make large profits in the market. Although this is a possibility, many investors will learn the challenging way that sustaining profits over the long-term can be a tough endeavor. Studying all the nonstandard firm information can take up a lot of time and energy. Some people just don’t have the time they would like to put into equity market study.

Keeping an eye on Moving Averages, the 50-day is 0.04, the 200-day is at 0.05, and the 7-day is 0.04 for Quantum Matls Corp (QTMM). Moving averages have the ability to be used as a powerful indicator for technical stock analysis. Following multiple time frames using moving averages can aid investors think through where the stock has been and aid think through where it may be possibly going. The simple moving average is a mathematical calculation that takes the average price (mean) for a given amount of time.

Quantum Matls Corp (QTMM) at present has a 14-day Commodity Channel Index (CCI) of -156.37. Typically, the CCI oscillates above and below a zero line. Normal oscillations tend to remain in the range of -100 to +100. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory. Although the CCI indicator was developed for commodities, it has become a prime gadget for equity evaluation as well.

Sharp investors may be considering to examine the Williams Percent Range or Williams %R. Developed by Larry Williams, this indicator helps unveil overbought and oversold market conditions. The Williams %R suggests how the current closing price compares to previous highs/lows over a specified timeframe. Quantum Matls Corp (QTMM)’s Williams Percent Range or 14 day Williams %R is sitting at -73.68. Typically, if the value heads above -20, the stock may be considered to be overbought. On the flip side, if the indicator goes under -80, this may signal that the stock is oversold.

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One technical indicator that may aid in measuring the strength of market momentum is the Average Directional Index or ADX. At the time of writing, the 14-day ADX for Quantum Matls Corp (QTMM) is standing at 17.19. Many chart analysts believe that an ADX reading over 25 would suggest a strong trend. A reading under 20 would suggest no trend, and a reading from 20-25 would suggest that there is no clear trend signal. The ADX was created by J. Welles Wilder to aid think through how strong a trend is. In general, a rising ADX line means that an existing trend is gaining strength. The opposite would be the case for a falling ADX line.

Taking a look at alternate technical levels, the 3-day RSI stands at 41.32, the 7-day sits at 44.15 and the 14-day (most common) is at 48.10. The Relative Strength Index (RSI) is an frequently employed momentum oscillator that is used to calculate the speed and change of equity price movements. When charted, the RSI can serve as a visual means to monitor historical and current strength or weakness in a certain market. This measurement is based on closing prices over a specific timeframe of time. As a momentum oscillator, the RSI operates in a set range. This range falls on a scale between 0 and 100. If the RSI is closer to 100, this may indicate a timeframe of stronger momentum. On the flip side, an RSI near 0 may signal weaker momentum. The RSI was originally created by J. Welles Wilder which was introduced in his 1978 book “New Concepts in Technical Trading Systems”.

Active investors are constantly weighing uncertainty and return when trading in the equity market. Every investor has to check their uncertainty appetite at some point. The amount of uncertainty an investor is willing to take on can have a large impact on expected future returns. Some people may be much more comfortable with riskier investments than others. This can greatly vary from one person to the next. Once the individual investor is comfortable with the amount of money on the table, they should be able to spend their energies focused on finding a winning strategy. Finding a winning strategy may involve many nonstandard aspects of stock diligence work. Following a plan may aid investors plow through downturns in the markets, and being able to change the plan when things aren’t working can also be a aid to longer-term portfolio health.

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