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Qumu Corp - Barchart's Chart Of The Day

The Chart of the Day is Qumu Corp (NASDAQ:QUMU). I found the stock right near the top of the New High List when sorted for frequency. During the last 6 months the stock rose 60.35% and still has a Relative Strength Index of 84.72%

It provides enterprise video solutions and offers a media appliance for video creation and distribution, an enterprise video platform to manage process stages in a video's lifecycle, a solution to manage and deliver live Webcasts and digital signage software to deliver corporate video communications and other content to displays in reception areas, lobbies, lunchrooms, waiting areas and other gathering places. It serves financial services, communications, manufacturing, and professional services markets.

Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 18 new highs and up 24.75% in the last month
  • Relative Strength Index 84.72%
  • Barchart computes a technical support level at 13.20
  • Recently traded at 13.71 with a 50 day moving average of 11.00


Fundamental factors:

 

  • Market Cap $118.87 million
  • Revenue expected to increase .80% this year and another .40% next year
  • Earnings estimated to grow 8.10% next year and continue to grow by 10.00% annually for the next 5 years
  • The Wall Street analyst that follows the stock has a buy recommendation
  • Financial Strength is B


This is a technical play so be disciplined and exit if it drops below its 50 day moving average,