FANHUA INC-SPONSORED ADR (FANH) Stock Technical Analysis
NASDAQ:FANH - Nasdaq - US30712A1034 - ADR - Currency: USD
Overall FANH gets a technical rating of 4 out of 10. In the past year, FANH was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, FANH is a bad performer in the overall market: 95% of all stocks are doing better.
FANH is part of the Insurance industry. There are 145 other stocks in this industry, of which 91% are performing better than FANH.
FANH is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month FANH has a been trading in the 1.09 - 2.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
FANH has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.47
1.80
We found 1 important support area.
- Support @1.48 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.70 from a trend line in the daily time frame.
- Resistance @1.78 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for FANH is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FANH is up. |
| ChartMill Relative Strength | 5.96 | NEGATIVE | FANH has a low relative strength, it was outperformed by 94.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FANH is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FANH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FANH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.28 | NEUTRAL | The RSI value for FANH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests FANH has a negative trend. |
| Stochastics (14,3) | 20.38 | NEUTRAL | The Stochastics value for FANH is a neutral value. |
| Average True Range in percent/ATR (20) | 12.46 | HIGH VOLATILITY | The high ATR as a percentage value for FANH suggests high volalility. |
| Average Directional Index/ADX (14) | 38.19 | POSITIVE | The high ADX value value for FANH suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:FANH (10/22/2024, 8:15:50 PM)
1.53
-0.02 (-1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.29%
1 Week-6.71%
2 Weeks-17.3%
1 Month37.84%
3 Month-4.37%
6 Month-55.26%
12 Month-78.54%
2 Year-68.32%
3 Year-88.46%
5 Year-93.93%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%12.46%
ATR Inc-48.9%
Range Today0.09
ADR(20)0.18
ADR(20)%11.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.96
Mansfield-6.62
10 Day High2.1
10 Day Low1.49
20 Day High2.2
20 Day Low1.09
52 Week High7.48
52 Week Low1.04
CS1 End1.48
CR1 Start1.7
Volume & EV
DER(3)-4.26%
DER(5)-8.76%
Volume127.40K
Volume Incr-63.58%
Vol(5)215.50K
Vol(50)334.54K