QMCO Hits 52-Week High in Stage 2 Uptrend, Power Play Active

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 26.11, marking a fresh 52-week high and completing a perfect 8-for-8 trend template score. The stock is in a Stage 2 advancing phase, holding above a rising 30-week moving average, with the 200-day MA trending up and price 505.8% above its 52-week low. Market focus is on the powerful momentum run of 102.1% with a shallow 5.8% pullback, signaling a bullish offensive setup despite no formal base pattern.

Technical Analysis

As of 2026-08-14 · Close $26.11

Stage Analysis

Stage 2 (Advancing) — Price holding above a rising 30-week MA — uptrend intact (30-week MA 6-week slope: 14.28%)

Detected Patterns — What the Market Is Watching

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

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