FINVOLUTION GROUP-ADR (FINV) Stock Technical Analysis
NYSE:FINV - US31810T1016 - ADR
8.35 USD
-0.21 (-2.45%)
8.3201 USD
-0.03 (-0.36%)
Overall FINV gets a technical rating of 4 out of 10. Although FINV is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month FINV has a been trading in the 8.16 - 9.73 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Looking at the yearly performance, FINV did better than 85% of all other stocks. On top of that, FINV also shows a nice and consistent pattern of rising prices.
FINV has an average volume of 2202790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
FINV is an average performer in the Consumer Finance industry, it outperforms 59% of 53 stocks in the same industry.
FINV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FINV is lagging the market.
FINV 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
7.52
10.83
We found 4 important support areas.
- A support zone ranging from 8.23 to 8.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.07 from a trend line in the daily time frame.
- Support @7.73 from a trend line in the weekly time frame.
- Support @7.60 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 8.86 to 9.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.27 to 9.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.46 from a horizontal line in the daily time frame.
- Resistance @10.72 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for FINV is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FINV is down. |
| ChartMill Relative Strength | 85.31 | POSITIVE | FINV has a high relative strength, it outperformed 85.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FINV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FINV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FINV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.99 | NEUTRAL | The RSI value for FINV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FINV has a negative trend. |
| Stochastics (14,3) | 16.81 | OVERSOLD | The low Stochastics value suggests FINV may be oversold. |
| Average True Range in percent/ATR (20) | 4.9 | MEDIUM VOLATILITY | The ATR as a percentage value for FINV suggests some volalility. |
| Average Directional Index/ADX (14) | 18.29 | NEGATIVE | The low ADX value for FINV 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)
8.35
-0.21 (-2.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-2.45%
1 Week-8.54%
2 Weeks-5.33%
1 Month-2.79%
3 Month-0.12%
6 Month1.33%
12 Month57.55%
2 Year66.33%
3 Year69.72%
5 Year339.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%4.9%
ATR Inc-13.23%
Range Today0.37
ADR(20)0.37
ADR(20)%4.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.31
Mansfield-0.26
10 Day High9.73
10 Day Low8.32
20 Day High9.73
20 Day Low8.16
52 Week High11.08
52 Week Low5.14
CS1 End8.33
CR1 Start8.86
Volume & EV
DER(3)-3.29%
DER(5)-2.44%
Volume2.62M
Volume Incr76.15%
Vol(5)3.46M
Vol(50)2.20M