FINVOLUTION GROUP-ADR (FINV) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:FINV • US31810T1016
Taking everything into account, FINV scores 2 out of 10 in our technical rating. In the past year, FINV 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, FINV is a bad performer in the overall market: 87% of all stocks are doing better.
- FINV is part of the Consumer Finance industry. There are 54 other stocks in this industry, of which 67% are performing better than FINV.
- FINV 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.
- In the last month FINV has a been trading in the 4.90 - 5.39 range, which is quite wide. It is currently trading near the high of this range.
- FINV has an average volume of 1347850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, FINV does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.18, a Stop Loss order could be placed below this zone.
More info and screens
4.68
3 important support areas can be observed.
- A support zone ranging from 5.14 to 5.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.93 from a horizontal line in the daily time frame.
- A support zone ranging from 4.73 to 4.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 5.31 to 5.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 5.44 to 5.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 FINV is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FINV is neutral. |
| ChartMill Relative Strength | 13.98 | NEGATIVE | FINV has a low relative strength, it was outperformed by 86.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FINV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FINV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FINV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.81 | NEUTRAL | The RSI value for FINV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FINV has a positive trend. |
| Stochastics (14,3) | 55.27 | NEUTRAL | The Stochastics value for FINV is a neutral value. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for FINV suggests some volalility. |
| Average Directional Index/ADX (14) | 12.7 | NEGATIVE | The low ADX value for FINV suggests a weak or negative trend. |
5.3
+0.17 (+3.31%)
FINVOLUTION GROUP-ADR / FINV FAQ
What is the ChartMill technical rating of FINVOLUTION GROUP-ADR (FINV) stock?
ChartMill assigns a technical rating of 2 / 10 to FINV.
What is the trend direction for FINV stock?
The current trend direction for FINVOLUTION GROUP-ADR (FINV) is Bearish.
What is the RSI signal for FINV stock?
FINVOLUTION GROUP-ADR (FINV) has an RSI value of 55.8136. This indicates that the stock is currently neutral.
What is the MACD signal for FINV stock?
The MACD indicator for FINVOLUTION GROUP-ADR (FINV) has a value of 0.0134026, indicating a bearish trend.
Can you provide the short term momentum for FINVOLUTION GROUP-ADR?
The short term momentum for FINVOLUTION GROUP-ADR (FINV) is neutral.