BQ Technical Analysis - BOQII HOLDING LTD - CLASS A

Technical Rating and Analysis

Taking everything into account, BQ scores 7 out of 10 in our technical rating. BQ has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

BQ is part of the Specialty Retail industry. There are 122 other stocks in this industry. BQ outperforms 98% of them.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

BQ has an average volume of 1065190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The long and short term trends are both neutral. This gives a pretty neutral overall picture!

When comparing the yearly performance of all stocks, we notice that BQ is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall good ranking is mostly due to the recent strong move.

BQ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BQ is lagging the market.

In the last month BQ has a been trading in the 2.73 - 18.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

BOQII HOLDING LTD - CLASS A / BQ Weekly stock chart

BOQII HOLDING LTD - CLASS A / BQ Daily stock chart

Setup Rating and Analysis

Although BQ has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

9.07

9.86

We found 1 important resistance area.

A resistance zone ranging from 9.65 to 9.76. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	NEUTRAL	NEUTRAL	The long term trend for BQ is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for BQ is neutral.
ChartMill Relative Strength	98.65	POSITIVE	BQ has a high relative strength, it outperformed 98.65% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of BQ is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of BQ is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of BQ is above the rising SMA(200).
Relative Strength Index/RSI (14)	87	OVERBOUGHT	The high RSI value suggests BQ may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.62	POSITIVE	The MACD value suggests BQ has a positive trend.
Stochastics (14,3)	34.25	NEUTRAL	The Stochastics value for BQ is a neutral value.
Average True Range in percent/ATR (20)	12.58	HIGH VOLATILITY	The high ATR as a percentage value for BQ suggests high volalility.
Average Directional Index/ADX (14)	49.57	POSITIVE	The high ADX value value for BQ suggests a strong trend.