FUWEI FILMS HOLDINGS CO LTD (FFHL) Technical Analysis
NASDAQ:FFHL • KYG3704F1101
Current stock price
FFHL Technical Rating and Analysis
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.
- 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 82 other stocks in this industry. FFHL outperforms 71% 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.
- When comparing the yearly performance of all stocks, we notice that FFHL is one of the better performing stocks in the market, outperforming 82% of all 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.
FFHL Weekly and Daily overview Charts
FFHL Setup Rating and Analysis
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
FFHL Support and Resistance Analysis
7.03
4 important support areas can be observed.
- 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.
When analyzing the resistance we notice 4 important 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.
FFHL 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 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. |
FFHL Chart- and CandleStick Pattern Analysis
FFHL Technicals: Chart, Performance Metrics, Trend & Indicators
8.3
-0.2 (-2.35%)
FUWEI FILMS HOLDINGS CO LTD / FFHL TA 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.
Can you provide the trend direction for FUWEI FILMS HOLDINGS CO LTD?
The current trend direction for FUWEI FILMS HOLDINGS CO LTD (FFHL) is Bearish.
Can you provide the RSI signal for FUWEI FILMS HOLDINGS CO LTD?
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 FUWEI FILMS HOLDINGS CO LTD (FFHL) stock?
The MACD indicator for FUWEI FILMS HOLDINGS CO LTD (FFHL) has a value of -0.0398508, indicating a bearish trend.
Can you provide the support and resistance levels for FUWEI FILMS HOLDINGS CO LTD?
FUWEI FILMS HOLDINGS CO LTD (FFHL) has a support level at 8.16 and a resistance level at 8.68. Check the full technical report for our detailed analysis of FFHL support and resistance levels.