We assign a technical rating of 6 out of 10 to FFHL. Although FFHL has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
FFHL has only a medium technical rating, but it does show a decent setup pattern. 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.
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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.
We can see 4 important resistance areas.
- 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. |
8.3
-0.2 (-2.35%)
FUWEI FILMS HOLDINGS CO LTD / FFHL FAQ
What is the ChartMill technical rating of FUWEI FILMS HOLDINGS CO LTD (FFHL) stock?
ChartMill assigns a technical rating of 5 / 10 to FFHL.
What is the current trend direction of FUWEI FILMS HOLDINGS CO LTD (FFHL) stock?
The current trend direction for FUWEI FILMS HOLDINGS CO LTD (FFHL) is Bearish.
What is the RSI signal for FUWEI FILMS HOLDINGS CO LTD (FFHL) stock?
FUWEI FILMS HOLDINGS CO LTD (FFHL) has an RSI value of 52.7908. This indicates that the stock is currently neutral.
What is the MACD signal for FFHL stock?
The MACD indicator for FUWEI FILMS HOLDINGS CO LTD (FFHL) has a value of -0.0398508, indicating a bearish trend.