NASDAQ
On the weekly chart, QMCO has been moving sideways between $2.88 and $90.64 since 17 Nov 2024.
Since 2020, NasdaqScan has found 3 sideways ranges in QMCO. Completed ranges lasted 1498 days on average, from 1414 to 1582 days. Of those 2, 2 broke downward. The latest retest signal NasdaqScan detected in QMCO was in the week of 18 Dec 2022, below the earlier $25.20 – $170.40 range.
The pattern: price breaks out below a long sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. NasdaqScan flags the weekly candle that makes the retest.
Weekly chart: each candle is one week of trading, and every date on this page is the week it falls in.
Gold dashed bands mark earlier sideways ranges, from their first swing to where they broke. Pick a range in the table below to zoom the chart to it.
| Range | Started | Ended | How it ended | Retest signals (week of) |
|---|---|---|---|---|
| 17 Nov 2024 | Open | — | — | |
| 26 Jan 2020 | 10 Dec 2023 (1414 days) | Broke below the range at $4.80 | 18 Dec 2022 (Go ahead) | |
| 26 Jan 2020 | 26 May 2024 (1582 days) | Broke below the range at $11.60 | — |
All NASDAQ stocks with retest patterns →
Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.