QFIN HOLDINGS INC-ADR (QFIN) Stock Technical Analysis
USA - NASDAQ:QFIN - US88557W1018 - ADR
Taking everything into account, QFIN scores 0 out of 10 in our technical rating. QFIN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of QFIN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
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17.99
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 22.51 to 22.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 26.11 to 26.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @43.42 from a horizontal line in the daily time frame.
- Resistance @45.29 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 | DOWN | NEGATIVE | The long term trend for QFIN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QFIN is down. |
| ChartMill Relative Strength | 6.89 | NEGATIVE | QFIN has a low relative strength, it was outperformed by 93.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QFIN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QFIN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QFIN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.9 | OVERSOLD | The low RSI value suggests QFIN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests QFIN has a negative trend. |
| Stochastics (14,3) | 17.24 | OVERSOLD | The low Stochastics value suggests QFIN may be oversold. |
| Average True Range in percent/ATR (20) | 8.72 | HIGH VOLATILITY | The high ATR as a percentage value for QFIN suggests high volalility. |
| Average Directional Index/ADX (14) | 26.01 | POSITIVE | The high ADX value value for QFIN suggests a strong trend. |
18.17
-1.06 (-5.51%)
QFIN HOLDINGS INC-ADR / QFIN FAQ
What is the technical rating for QFIN stock?
ChartMill assigns a technical rating of 0 / 10 to QFIN.
What is the trend direction for QFIN stock?
The current trend direction for QFIN HOLDINGS INC-ADR (QFIN) is Bearish.
Can you provide the RSI signal for QFIN HOLDINGS INC-ADR?
QFIN HOLDINGS INC-ADR (QFIN) has an RSI value of 25.896. This indicates that the stock is currently oversold.
What is the buy/sell signal for QFIN stock?
The buy/sell signal for QFIN HOLDINGS INC-ADR (QFIN) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for QFIN HOLDINGS INC-ADR (QFIN) stock?
QFIN HOLDINGS INC-ADR (QFIN) has a resistance level at 22.51. Check the full technical report for our detailed analysis of QFIN support and resistance levels.