IQIYI INC-ADR (IQ) Technical Analysis
NASDAQ:IQ • US46267X1081
Current stock price
IQ Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to IQ. IQ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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, IQ is a bad performer in the overall market: 93% of all stocks are doing better.
- IQ is part of the Entertainment industry. There are 79 other stocks in this industry, of which 80% are performing better than IQ.
- IQ 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 IQ has a been trading in the 1.19 - 1.47 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.
- IQ has an average volume of 10848600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IQ Weekly and Daily overview Charts
IQ Setup Rating and Analysis
The technical rating of IQ is bad and it also does not present a 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
IQ Support and Resistance Analysis
1.24
We can see 4 important resistance areas.
- A resistance zone ranging from 1.41 to 1.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.72 to 1.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.92 from a trend line in the daily time frame.
- Resistance @2.44 from a trend line in the weekly time frame.
IQ 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 | DOWN | NEGATIVE | The long term trend for IQ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IQ is neutral. |
| ChartMill Relative Strength | 7.69 | NEGATIVE | IQ has a low relative strength, it was outperformed by 92.31% off all stocks 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) | 38.8 | NEUTRAL | The RSI value for IQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IQ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 38.89 | NEUTRAL | The Stochastics value for IQ is a neutral value. |
| Average True Range in percent/ATR (20) | 6.16 | HIGH VOLATILITY | The high ATR as a percentage value for IQ suggests high volalility. |
| Average Directional Index/ADX (14) | 22.53 | NEUTRAL | The ADX value for IQ suggests a possible start of a new trend. |
IQ Chart- and CandleStick Pattern Analysis
IQ Technicals: Chart, Performance Metrics, Trend & Indicators
1.25
-0.07 (-5.3%)
IQIYI INC-ADR / IQ TA FAQ
What is the technical rating for IQ stock?
ChartMill assigns a technical rating of 1 / 10 to IQ.
Can you provide the trend direction for IQIYI INC-ADR?
The current trend direction for IQIYI INC-ADR (IQ) is Bearish.
Can you provide the RSI signal for IQIYI INC-ADR?
IQIYI INC-ADR (IQ) has an RSI value of 38.7955. This indicates that the stock is currently neutral.
Can you provide the MACD signal for IQIYI INC-ADR?
The MACD indicator for IQIYI INC-ADR (IQ) has a value of 0.0107374, indicating a bearish trend.
What are the support and resistance levels for IQIYI INC-ADR (IQ) stock?
IQIYI INC-ADR (IQ) has a resistance level at 1.41. Check the full technical report for our detailed analysis of IQ support and resistance levels.