FUWEI FILMS HOLDINGS CO LTD (FFHL) Stock Technical Analysis
NASDAQ:FFHL - Nasdaq - KYG3704F1101 - Common Stock - Currency: USD
Taking everything into account, FFHL scores 6 out of 10 in our technical rating. In the past year, FFHL was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Warning: FFHL has an average volume of 3659 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
FFHL is part of the Chemicals industry. There are 85 other stocks in this industry. FFHL outperforms 84% of them.
In the last month FFHL has a been trading in the 7.06 - 8.99 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, FFHL did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
FFHL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FFHL is lagging the market.
Although the technical rating is only medium, FFHL does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.68. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for FFHL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
7.03
9.93
When analyzing the support we can see 4 important areas.
- A support zone ranging from 8.12 to 8.16. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @7.99 from a horizontal line in the daily time frame.
- Support @7.50 from a trend line in the daily time frame.
- Support @7.10 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 8.68 to 8.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 8.98 to 9.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.66 from a trend line in the weekly time frame.
- Resistance @9.83 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for FFHL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FFHL is neutral. |
| ChartMill Relative Strength | 82.75 | POSITIVE | FFHL has a high relative strength, it outperformed 82.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FFHL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FFHL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FFHL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.79 | NEUTRAL | The RSI value for FFHL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests FFHL has a negative trend. |
| Stochastics (14,3) | 51.62 | NEUTRAL | The Stochastics value for FFHL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.3 | HIGH VOLATILITY | The high ATR as a percentage value for FFHL suggests high volalility. |
| Average Directional Index/ADX (14) | 17.88 | NEGATIVE | The low ADX value for FFHL suggests a weak or negative 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)
8.3
-0.2 (-2.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-2.35%
1 Week-3.71%
2 Weeks-2.92%
1 Month10.81%
3 Month-5.9%
6 Month32.17%
12 Month15.92%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%7.3%
ATR Inc21.32%
Range Today0.44
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.75
Mansfield2.15
10 Day High8.62
10 Day Low7.72
20 Day High8.99
20 Day Low7.06
52 Week High10.98
52 Week Low4.4
CS1 End8.16
CR1 Start8.68
Volume & EV
DER(3)30.08%
DER(5)26.44%
Volume6.00K
Volume Incr-15.41%
Vol(5)3.02K
Vol(50)3.66K