When the Price of (QMOM) Talks, People Listen
December 18, 2024, 16:32 pm ET, BY Quentin W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for QMOM
- Buy QMOM near 64.04 target 67.61 stop loss @ 63.86 Details
The technical summary data tells us to buy QMOM near 64.04 with an upside target of 67.61. This data also tells us to set a stop loss @ 63.86 to protect against excessive loss in case the stock begins to move against the trade. 64.04 is the first level of support below 64.19 , and by rule, any test of support is a buy signal. In this case, support 64.04 would be being tested, so a buy signal would exist.
- Short QMOM slightly under 67.61, target 64.04, stop loss @ 67.81 Details
The technical summary data is suggesting a short of QMOM as it gets near 67.61 with a downside target of 64.04. We should have a stop loss in place at 67.81though. 67.61 is the first level of resistance above 64.19, and by rule, any test of resistance is a short signal. In this case, if resistance 67.61 is being tested, so a short signal would exist.
Swing Trading Plans for QMOM
- Buy QMOM slightly over 66.26, target 67.25, Stop Loss @ 66.07 Details
If 66.26 begins to break higher, the technical summary data tells us to buy QMOM just slightly over 66.26, with an upside target of 67.25. The data also tells us to set a stop loss @ 66.07 in case the stock turns against the trade. 66.26 is the first level of resistance above 64.19, and by rule, any break above resistance is a buy signal. In this case, 66.26, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short QMOM slightly near 66.26, target 64.04, Stop Loss @ 66.45. Details
The technical summary data is suggesting a short of QMOM if it tests 66.26 with a downside target of 64.04. We should have a stop loss in place at 66.45 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 66.26, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for QMOM
- Buy QMOM slightly over 66.26, target 66.74, Stop Loss @ 66.11 Details
If 66.26 begins to break higher, the technical summary data tells us to buy QMOM just slightly over 66.26, with an upside target of 66.74. The data also tells us to set a stop loss @ 66.11 in case the stock turns against the trade. 66.26 is the first level of resistance above 64.19, and by rule, any break above resistance is a buy signal. In this case, 66.26, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short QMOM slightly near 66.26, target 64.04, Stop Loss @ 66.41. Details
The technical summary data is suggesting a short of QMOM if it tests 66.26 with a downside target of 64.04. We should have a stop loss in place at 66.41 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 66.26, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Alpha Architect U.s. Quantitative Momentum Etf (QMOM) available here: QMOM.
QMOM Ratings for December 18:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Weak |
Strong |
| P1 |
0 |
0 |
64.04 |
| P2 |
66.74 |
66.26 |
67.61 |
| P3 |
67.33 |
67.25 |
70.99 |
AI Generated Signals for QMOM
Blue = Current Price
Red= Resistance
Green = Support
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This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Alpha Architect U.s. Quantitative Momentum Etf (NASDAQ: QMOM) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for QMOM can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for QMOM:
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