IQIYI INC-ADR (IQ) Stock Technical Analysis
USA - NASDAQ:IQ - US46267X1081 - ADR
We assign a technical rating of 2 out of 10 to IQ. IQ has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
IQ has a poor technical rating and the quality of the setup is also only medium 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
2.00
We found 1 important support area.
- A support zone ranging from 2.02 to 2.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.17 to 2.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.36 to 2.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.63 from a trend 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 IQ is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IQ is down. |
| ChartMill Relative Strength | 46.99 | NEUTRAL | IQ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IQ is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IQ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IQ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.78 | NEUTRAL | The RSI value for IQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IQ has a negative trend. |
| Stochastics (14,3) | 19.88 | OVERSOLD | The low Stochastics value suggests IQ may be oversold. |
| Average True Range in percent/ATR (20) | 4.57 | MEDIUM VOLATILITY | The ATR as a percentage value for IQ suggests some volalility. |
| Average Directional Index/ADX (14) | 14.2 | NEGATIVE | The low ADX value for IQ suggests a weak or negative trend. |
2.08
-0.03 (-1.42%)
IQIYI INC-ADR / IQ FAQ
What is the technical rating for IQ stock?
ChartMill assigns a technical rating of 2 / 10 to IQ.
What is the current trend direction of IQIYI INC-ADR (IQ) stock?
The current trend direction for IQIYI INC-ADR (IQ) is Bearish.
What is the RSI signal for IQIYI INC-ADR (IQ) stock?
IQIYI INC-ADR (IQ) has an RSI value of 36.7829. This indicates that the stock is currently neutral.
Can you provide the short term momentum for IQIYI INC-ADR?
The short term momentum for IQIYI INC-ADR (IQ) is negative.
Can you provide the support and resistance levels for IQIYI INC-ADR?
IQIYI INC-ADR (IQ) has a support level at 2.02 and a resistance level at 2.17. Check the full technical report for our detailed analysis of IQ support and resistance levels.