QMCO Hits New High in Stage 2 Uptrend, Power Play Signals Strength

Posted on by Eben@CANSLIM Research
QMCO daily stock chart with 10, 20, 50, 150 and 200-day moving averages, volume and RS line versus SPY — CANSLIM Research
Eben@CANSLIM Research's avatarEben@CANSLIM Research

QMCO is trading at a fresh 52-week high of $24.68, firmly entrenched in a Stage 2 advancing trend with all eight technical trend-template checks passing. The stock shows a powerful 472.6% gain above its 52-week low and a 25.4% run in recent weeks, though a modest 12.5% pullback has occurred. Market sentiment is bullish, with the power-play flag indicating strong momentum and an offensive setup in place.

Technical Analysis

As of 2026-08-13 · Close $24.68

Stage Analysis

Stage 2 (Advancing) — Price holding above a rising 30-week MA — uptrend intact (30-week MA 6-week slope: 13.67%)

Detected Patterns — What the Market Is Watching

  • Power Play / High Tight Flag — one of the most powerful momentum setups

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